Petrobas Action Ten Brazil Contracts for FPSO Modules

Petrobas subsidiaries & consortium members give go-ahead for issue of 10 contracts worth US$ 4.5-billion for construction of FPSO modules

 Petrobras subsidiaries Tupi BV and Guará BV, together with consortium members BG Group, Petrogal Brasil, and Repsol Sinopec Brasil SA, have given the go-ahead for ten contracts totaling US$4.5 billion for the construction of the first six topside modules (processing plant, utilities and living quarters) for eight identical (“Replicant”) FPSOs (Floating, Production, Storage and Offloading units).

The modules are to be constructed in Brazil for pre-salt projects (a geophysical layer) in Santos Basin blocks BM-S-9 and BM-S-11.  The contracts will be signed in the next few days.

The following companies will be awarded contracts: DM Construtora de Obras Ltda/TKK Engenharia Ltda, IESA Oleo e Gas S.A., Tome Engenharia S.A./Ferrostaal Industrieanlagen GmbH, Keppel FELS do Brasil S.A., Jurong do Brasil Prestação de Serviços Ltda and Mendes Jr Trading Engenharia S.A./OSX Construção Naval S.A.

The “Replicant” FPSOs are part of the first development phase agreed by the consortia for blocks BM-S-9 and BM-S-11. Contracts for a further two topside modules and integration packages are expected to be awarded to the same companies within the next eighteen months.