SBM Offshore is pleased to announce that it has signed with Petróleo Brasileiro S.A. (Petrobras) the Letter of Intent for a 22.5-year lease and operation contracts of FPSO Alexandre de Gusmão. The unit will be deployed at the Mero field in the Santos Basin offshore Brazil, approximately 160 kilometres from Arraial do Cabo, Rio de Janeiro state, in Brazil.
The Libra block, where the Mero field is located, is under a Production Sharing Agreement to a Consortium comprised of Petrobras with 40 percent, Shell Brasil with 20 percent, Total Energies with 20 percent, CNODC and CNOOC with 10 percent each and the state-owned company Pré-Sal Petróleo SA as manager of the Production Sharing Contract.
Newly built MPF
The unit will be spread moored in approximately 1,900 metres of water depth
SBM Offshore will design and construct the FPSO Alexandre de Gusmão using its industry-pioneering Fast4Ward® program as it incorporates the Company’s newly built Multi-Purpose Floater (MPF) hull combined with several standardised topside modules. SBM Offshore’s fifth MPF hull has been allocated to this project. Completion of the FPSO is expected in 2024.
The FPSO will be designed to produce 180,000 barrels of oil per day and treat 12 million standard cubic metres of gas per day. Furthermore, the unit will have a water injection capacity of 250,000 barrels per day and a minimum storage capacity of 1.4 million barrels of crude oil. The unit will be spread moored in approximately 1,900 metres of water depth.
GHG intensity solutions
Bruno Chabas, CEO of SBM Offshore, commented: “The signing of this Letter of Intent is the second major project award this year by our key client Petrobras."
"Our industry pioneering Fast4Ward® program continues to address clients’ needs to develop large-scale and complex FPSOs providing cost-efficient and low GHG intensity solutions.”