TECHNIPFMC PRESENTS BEST PROPOSAL FOR BUZIOS 7 SURF

(PetroleoHoje) TechnipFMC may be close to winning yet another SURF (underwater collection system) contract with Petrobras. The group presented the best proposal in the Brazilian oil company’s bid for the 7th module in Buzios, in the Santos cluster, with a value of R$ 5.7 billion.

TechnipFMC’s offer was ahead of proposals by Saipem, with a value of BRL 5.9 billion, by Subsea 7, with a value of BRL 6.3 billion, and by Sapura, which priced the service at BRL 6.96 billion.

McDermott declined and did not bid. The TechnipFMC group had declined in Petrobras’ previous bid for the 6th module in Buzios.

With the result, Petrobras will start the process of direct negotiation with TechnipFMC in the next few days, seeking to ensure a discount on the final offer price. If the group does not grant a reduction deemed satisfactory by the bidding committee, there is a possibility that the oil company will also call Saipem to negotiate, since the difference between the two companies’ offers was small.

The TechnipFMC group is already responsible for two Petrobras SURF contracts, Mero 1 and Mero 2, scheduled to start operating in 2022 and 2023, respectively. Saipem, on the other hand, performs the subsea service of the 5th module of the field, and is about to sign a contract for the 6th module of the project.

The projection is that negotiations should last for about 30 days, while the signing of the contract should only take place in December.

Structured under the EPCI model, the subsea service of the 7th module in Buzios is directed to the P-78, an FPSO that is under construction by the Keppel / Hyundai consortium. The system is scheduled to go into operation in 2025.

The P-78 will be connected to 13 wells, six of which are producers (of which two are convertible), six WAG injectors and one gas injector. The SURF contract for the 7th module of Buzios will include the contracting of engineering, equipment supply, construction and all installation activity, FPSO anchoring and commissioning.

The system will also have an export pipeline that will be connected to Rota 3, a structuring pipeline, which will send the gas to the coast. The contract will include the installation of gas production and export collection systems.

The project will have rigid and flexible lines of 8″ in diameter, also counting on 4″ service lines. Among the equipment to be supplied by the winning company are risers, flowlines (rigid, flexible and umbilical), SDUs (Subsea Distribution Unit) and other subsea systems, in addition to launching boats.

The SURF tender for the 7th module in Buzios was launched in May. The delivery of proposals was initially scheduled for August, but Petrobras ended up postponing the deadline more than once.

The Buzios field is located off the coast of Rio de Janeiro and is considered one of Petrobras’ main assets. The project produces 710 thousand boe/d, of which 569.6 thousand bpd and 22.4 million m³/day of gas, through FPSOs P-74, P-75, P-76 and P-77.

The asset is operated by Petrobras, in partnership with CNPC and CNOOC. The consortium provides 12 FPSOs for the project.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Powered by WordPress.com.

Up ↑

%d bloggers like this: