Petrobras has signed a letter of intent with SBM Offshore for a 22,5-year contract and operation of the FPSO Mero 2, to be deployed in the Mero field, in the Santos Basin, off the coast of Brazil, 180 kilometers off the coast of Rio de Janeiro.
SBM Offshore will design and build FPSO Mero 2 using its standardized hull Fast4Ward program. SBM said that two of the three Fast4Ward hulls currently under construction have already been formally allocated to projects. Last week, a shipyard in China launched SBM's first Fast4Ward hull, destined for Exxon's Liza field off the coast of Guyana.
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The Mero 2 FPSO will be designed to produce 180.000 barrels of oil per day. It will have a water injection capacity of 250.000 barrels per day, associated gas treatment capacity of 12 million standard cubic meters per day and a minimum storage capacity of 1,4 million barrels of crude oil.
The weight of the FPSO top modules will be around 33.000 tons. The FPSO will be anchored in approximately 2.000 meters of water depth. Delivery of the FPSO is expected in 2022.
Bruno Chabas, CEO of SBM Offshore, commented: “The signing of this Letter of Intent demonstrates again that SBM Offshore has embarked on a new era of growth. This award not only represents the company's re-entry into Brazil, one of the most important markets for the company with one of our main customers, it also confirms the competitiveness of our Fast4WardTM concept, while expanding its geographic reach. ”
The Libra block, where the Mero field is located, is under a Production Sharing Agreement for a consortium formed by Petrobras, as the Operator, with 40%, Shell with 20%, Total with 20%, CNODC with 10% and CNOOC Limited with 10%. interest percentage.
