Petrobras Close to Delivering Another FPSO Construction for Asia, This Time for a Malaysian Company

Written by Renato Oliveira

Published on 17/06/2020 at 14:11

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Petrobras – The Mero 3 Oil Field belonging to the Libra consortium composed of Shell, Total, CNPC, and CNOOC will receive another FPSO. The vessel is in the final negotiation phase with the Malaysian company MISC.

The company’s offer was a daily rate of US$ 700 thousand and beat SBM’s offer of US$ 800 thousand. The first oil from the FPSO is scheduled for 2023, but it may face delays due to the current crisis in the oil sector caused by the COVID-19 pandemic worldwide.

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Third FPSO

This Petrobras FPSO will join the FPSO Guanabara, which is being converted in Asia by Modec, with its first oil expected in 2021, and will add to the FPSO Sepetiba, which is being built by SBM and is set to start operations in 2022.

The charter contract for the Mero 3 FPSO will last for 21 years and will have the capacity to produce 180 thousand bopd, compress 12 million m³/d of gas, and inject 250 thousand m³/d of gas, with specifications identical to the other two to be installed in the field.

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Petrobras Close to Delivering Another FPSO Construction for Asia, This Time for a Malaysian Company

Third FPSO

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