Petrobras-led Libra Consortium awards TechnipFMC ‘large’ contract

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TechnipFMC is reporting that it has been awarded a large contract for Engineering, Procurement, Construction, and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium.

That consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), is getting set for production in the pre-salt Mero field, located in the Santos Basin (Brazil) at 2,100 meters deep.

A press release from TechnipFMC said that the contract covers engineering, procurement, construction, installation and pre-commissioning of the infield rigid riser and flowlines for production, including the water alternate gas wells. It also comprises the installation and pre-commissioning of service flexible lines and steel tube umbilicals, as well as towing and hook up of the FPSO.

The release said that TechnipFMC will leverage synergies with the Mero 1 project Subsea EPCI, “utilizing in-house rigid and flexible lay vessels and its significant local footprint in Brazil, including a spoolbase, logistics base and engineering capabilities. The offshore campaign is scheduled to start in 2022.”

Arnaud Pieton, President, Subsea at TechnipFMC, commented: “We are delighted to have been awarded another EPCI contract by the Libra Consortium, which reinforces the long-standing relationship between Petrobras and TechnipFMC. By executing and delivering this new flagship project, we are looking forward to supporting Petrobras’s ambition in the pre-salt region and contributing to the development of Brazil.”

While the value of the contract was not disclosed in the press release, TechnipFMC explained that for that company a large contract is one that is between $500 million and 1 $billion in value.

ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. has awarded contracts to TechnipFMC for the engineering of the subsea systems for the Liza Phase 1 and 2 Development projects in the South American country of Guyana.

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