Contract signed for Brazil FPSO
Offshore staff
(Brazil)-Special-purpose company CDC has signed a contract with Petrobras to build the topside of theP-53 FPSO. The FPSO will produce oil at the Marlim Leste field in the Campos Basin, located 120 km off the coast of Rio de Janeiro state at a water depth of 1,250 m.
CDC leased theP-53 to Petrobras. Prior to hand-over, CDC will employ Brazilian engineering firms Queiroz Galvão, Ultratec and IESA to convert the Settebello ship into the FPSO. Once converted, the P-53 will have the capacity to produce 180,000 b/d of oil and 6 MMcm/d of natural gas.
In addition to the three engineering firms, CDC will also employ Rolls Royce to supply the power generation unit and Dresser-Rand to provide the natural gas compression unit. CDC's total investment in the FPSO is reported to be $950 million.
The FPSO is scheduled to start producing heavy crude from 15 production wells in 2008. Production will be taken to shore via an underwater line and a pumping platform known as PRA-1 that has also been contracted by Petrobras.
12/15/2005