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In a bidding process that dragged on for more than a year, Petrobras announces the signing of a letter of intent with the Japanese company Modec to charter the FPSO for Búzios V
After many negotiations, Petrobras and Modec announced the signing of the letter of intent regarding the tender for the charter of the Búzios V FPSO.
The FPSO will be used in the Santos basin, in the transfer of rights and will be installed 180 km off the Brazilian coast, in a water depth of 1.900 meters.
The FPSO for the Búzios V field will be the seventh FPSO supplied by Modec to Petrobras and historically the company has brought the hulls converted in Asia and integrated and commissioned here in Brazil, at the Brasfels shipyard in Angra dos Reis.
It is worth remembering that Modec is also responsible for building the FPSO Carioca MV 30, which will be implemented in the Sépia field, around 250 km off the coast of Rio de Janeiro, in a water depth of approximately 2.200 meters.
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The contract will run for 21 years and the FPSO will interconnect up to 15 wells and will have the capacity to process up to 150 barrels of oil per day and 6 million m³/day of natural gas. The start of production is scheduled for 2022.
The delay
Click Petróleo e Gás had already published the delay of the project that was scheduled to start operating in 2020, but with the delay in closing the FPSO charter contract (bidding has already lasted a year), the company had to postpone it from 2021 to 2022.
Petrobras calculated an impact of 60 boed on the company's production.
The reason for the delay was due to the FPSO charter imbroglio with Exmar, first placed in the bidding, which, although it offered the best price, failed to present the financing guarantees.
A direct negotiation then began with Modec, in second place, in order to reach an agreement regarding the daily charter rates.
With the closing of the contract with Modec, Petrobras will have five FPSO's coming into operation in 2022, as it already had the Parque das Baleias and Marlim 1 projects, both in the Campos Basin, and Mero 2, in Santos.
The Mero 2 contract, by the way, was recently announced by Petrobras, which signed with the Dutch company SBM, the construction of the FPSO Mero 2, in the Libra area.
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