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Brazilian contractors share Santos basin topsides prize

Offshore staff

RIO DE JANEIRO – A Petrobras-led consortium has authorized 10 contracts valued at $4.5 billion for six topsides modules.

The consignments, comprising a processing plant, utilities, and living quarters, will be installed on six of the eight lookalike FPSOs under construction for the first-phase presalt development projects in Santos basin blocks BM-S-9 and BM-S-11.

The contracts, due to be signed in the next few days, were awarded to: 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.

Awards for a further two topside modules and integration packages will likely go to the same companies in the next 18 months.

The BM-S-11 consortium opted for a competitive tendering procedure for at least one additional FPSO, for use in areas that require a processing plant different from the facilities provided by the lookalike floaters.

Petrobras operates the BM-S-11 consortium, in partnership with BG E&P Brasil Ltda (25%), and Petrogal Brasil (10%). The BM-S-9 consortium is operated by Petrobras (45%), in partnership with BG E&P Brasil Ltda (30%), and Repsol Sinopec Brasil (25%).

7/20/2012

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