Putting its money where its mouth is: Petrobras has signed a deal for its P-56 platform
Petrobras slims down P-56 award
Petrobras said today it has signed a reduced $1.2 billion contract with a consortium to build its new 100,000-barrrel-per-day P-56 offshore platform.
The deal was signed with the Keppel Fels-Technip consortium, with the platform expected to go into service in 2010.
The value of the deal, originally valued at over 1.4 billion when it was announced in September, was lowered after Petrobras hived off separate contracts for the unit’s compression and power modules valued at $141 million and $139 million respectively, which will now go to Italy’s Nuovo Pignone and Rolls Royce Energy Systems.
Petrobras said these smaller deals would be signed tomorrow.
Keppel Fels is the Brazilian unit of Singapore's Keppel Fels shipyard. Technip is a French energy services group which specialises in offshore construction work.
The same consortium is building the 180,000-bpd semi-submersible P-51 platform for the Marlim Sul field, and Petrobras opted to negotiate a similar deal with the consortium to save time in bringing the new rig on-stream in the same field
Separately, Petrobras said production had resumed at its 65,000-barrels-per-day P-25 offshore platform two days earlier than expected.
The platform was shut down on 16 October due to problems with the platform's flexible riser pipeline connecting it with wells in the Albacora field in the Campos Basin, off the coast of Rio de Janeiro state.
Petrobras had estimated the stoppage would reduce the platform's average daily output to about 25,000 bpd for the whole of October.