The State Company Advances in Drilling Wells While Awaiting the Completion of Development of Units That Will Be Linked to Four FPSOs Under Construction: P-68, P-70, MERO 1, and SÉPIA
In the Atapu area, located in the Santos Basin, 100% of the wells have been drilled and 13% completed, according to information from the oil company. In the field, P-70 will be installed, which is currently over 95% physically completed and is expected to start operating in 2020.
With over 95% completed, P-68 will be installed in the Berbigão field in the Santos Basin, which already has 56% of wells drilled and 28% completed. The expectation is that the platform will start operating later this year.
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Petrobras has also advanced in the drilling of wells that will be linked to platforms and installed starting in 2021. One of them is the FPSO Carioca, which will be used in Sépia. The field has 71% of the wells drilled and 29% completed. The vessel that will explore the area, whose construction is being handled by the Japanese Modec, is over 55% complete.
The FPSO Guanaraba 1, which will be installed in the Mero field within the Libra area, according to the state company, has a percentage of 44% of wells drilled, while the platform vessel is already 40% of its construction completed. The FPSO Guanaraba 1 is another platform that is also being developed by Modec.
Petrobras Announces Timelines for Bidding of FPSOs Mero 3 and 4
With Petrobras’s demand for FPSOs Mero 3 and 4 continuously increasing, the third FPSO in the Mero field may begin in the second half of this year, and the fourth should have its contracting started six months later, that is, in the first half of 2020.
The Libra consortium is formed by Petrobras, which is the operator, and its partners, Shell, Total, CNPC, and CNOOC.
The FPSO Mero I was contracted with Modec, and in the Mero II bidding, SBM presented the best proposal in a contest also with Modec. The contracting has not yet been finalized, which should occur soon, and if SBM is declared the winner, it will mark SBM’s return as a FPSO builder.
Revitalization of Mature Fields in the Campos Basin Could Yield US$ 12 Billion in Investments

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