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CMO freezes shipyard project in São Francisco do Sul

10 June 2019 to 01: 00
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The company is waiting for the second environmental license, but this is not the only impediment for the project not to come out of its intention.

CMO, an association between Construcap and McDermott, headquartered in Rio de Janeiro, put the shipyard construction project in São Francisco do Sul on hold. The land where the project will be built is located in the Miranda neighborhood, in an area of ​​500 m2.

The initiative, with an expected investment of BRL 650 million, already has an environmental installation license, issued by the Instituto de Meio Ambiente (IMA) in April 2018, for the first phase of the work on the shipyard on land.

However, even with the documentation, the works on land did not start and since then it has been on hold.

The company is also waiting for LAI approval for the second stage of works at sea, which will involve operations, such as dredging and the excavation of a channel. But that's not all that's slowing down the installation process.

The company's president, José Pedro Mota, admitted that the project is frozen, and they are waiting for an improvement in the macroeconomic environment and favorable market conditions for the business to leave the intention.

“We froze the project. We will, yes, but at a much slower pace. We understand that Petrobras will only have investment capacity in 2025”, he analyzes.

Another factor is the near stoppage of the naval and oil segment after the start of anti-corruption operations, Lava Jato, since 2015.

Sized to process 24 thousand tons of steel per year and moor two FPSO's simultaneously, the CMO Shipyard was designed for the construction and integration of modules to platforms, as well as for the repair and maintenance of ships and platforms.

The Shipyard will also have a construction area that will allow the manufacture of jackets, monobuoys, accommodation modules, etc. The investment announced in 2014 is R$ 700 million.

Brazil should attract 50% of world investment in the subsea market for oil and gas. The assessment is by Rachid Félix, chairperson of session 3 of the SPE Brazil Subsea Symposium: Unleashing the potential of Subsea 4.0​​​​​​​​​​​​​, which takes place on June 18 and 19, at Firjan, in Rio de Janeiro.

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