FPSO Sepetiba is to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.
Yinson and Enauta are aiming to complete negotiations on the supply and charter of a FPSO unit by 2Q22.
The TCP Flowline and Riser joint industry project will see Strohm develop, qualify and test its composite pipe technology with the two operators to make it fully field-proven and commercially available to the oil and gas industry.
The FPSO Carioca has started producing oil and natural gas from the field, located in the Santos Basin.
The sister FPSOs P-78 and P-79, currently under construction for Petrobras, are due in service in 2025.
Strohm is establishing a centre of excellence for engineering in Brazil for its Thermoplastic Composite Pipe technology.
The contract is set to begin in 4Q21 and will be accomplished from the Fugro Aquarius using two Fugro-built 3000 m work-class remotely operated vehicles.
Brazil alone is expected to contribute approximately 23% or 1.3 million bbl/d of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 – 2025, according to GlobalData.