Petrobras and SBM Offshore have started negotiations to contract the FPSO Almirante Tamandaré, which will operate in the Buzios field.
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.
Average OPEX per barrel of oil equivalent for deepwater production in the region has more than halved since 2013, from roughly US$26 to US$12.70 in 2020, a Rystad Energy report shows.
The Mero 3 FPSO will have a liquid treatment capacity of 180 000 bpd and is expected to start up by 2024.
The renegotiated terms are due to the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, according to Petrobras.
The three new FPSO units are part of an asset development plan for the Búzios field which envisages a total of 12 units installed by the end of the decade.