More Time for Mero 3, Petrobras Reschedules Bidding Proposals for the Chartering of the FPSO Extending the Original Deadline by Three Months
The submission of bids for the chartering of the Mero 3 FPSO has been postponed by Petrobras to March next year, extending the original deadline by three months. Companies in the sector already anticipated the delay. Attention! 30 IT Job Openings to Support Petrobras Contracts in Macaé and Vitória, Today November 28
The Mero 3 FPSO is designed to start operations in 2024 and will have the capacity to produce 180,000 bopd, compress 12 million m³/d of gas, and inject 250,000 m³/d of gas, following the same standard as the two units already contracted for the project that are currently under construction.
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According to the announcement issued in June, the submission of proposals was scheduled for the 19th of next month. The bidding is being conducted under the invitation letter regime and is carried out by the Libra Consortium, which comprises the oil companies: Petrobras, Shell, Total, CNOOC, and CNPC.
The Japanese Modec, one of the main FPSO operators in the market, is heavily engaged in other projects, making it difficult for Petrobras in this bidding process.
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Modec is on the verge of signing the contract for the FPSO of Carcará with Equinor and will have seven units under construction in its portfolio, which equals the peak construction work already completed by the group.
Despite having fewer projects, the SBM oil company also has an impressive list of ongoing ventures.
At the moment, it has two large FPSOs under construction, one for Petrobras and another for ExxonMobil, having recently secured the supply of another unit for the North American oil company to operate in Guyana.
Given this scenario, the Brazilian state-owned company will have only one large proponent in the process, being limited to SBM.
The Japanese company does not formally confirm that the Búzios 3 FPSO is out of its commercial planning, but the chance of participation is small.
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The chartering contract for the Mero 3 FPSO is for 21 years, and its local content requirement is 40%. Petrobras must deliver the unit 1,187 days after its formal acceptance of the winning proposal.
Through the pioneering Libra FPSO, Petrobras and its partners have produced an average of 40,000 bopd.
Two definitive FPSOs are under construction for the project, the FPSO Guanabara (Mero1) which is under the responsibility of the Japanese company expected to start operations in 2021; the other is FPSO Sepetiba (Mero 2), from SBM, with first oil expected in 2023.
by oil today

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