Brazil’s Petrobras plans to launch a tender in July to contract a third floating production, storage and offloading vessel for its Mero pre-salt field, where the operator is already planning investments of nearly $9 billion by 2023.

On the heels of signing a letter of intent with Netherlands-based SBM Offshore to contract the Mero-2 FPSO, Petrobras is now entering the final preparation phase to issue bid documents to charter a unit for the Mero-3 project.