Page 11 - LatAmOil Week 40 2022

LatAmOil BRAZIL LatAmOil

Keppel, Petrobras sign $2.8bn

EPC contract for new FPSO

KEPPEL Shipyard (Singapore) has closed a technologies allowing it to separate carbon diox-
$2.8bn deal with Brazil’s national oil company ide and reinject it into the reservoir where it was
(NOC) Petrobras for the engineering, procure- previously stored, thereby minimising the need
ment and construction (EPC) of a new floating for gas flaring. The FPSO will also feature energy
production, storage and off-loading (FPSO) ves- recovery systems for thermal energy, waste heat
sel for installation at the Buzios oilfield. and gas while also being equipped to minimise
The new platform is a repeat order of the P-80 carbon emissions.
FPSO that was delivered to Petrobras by Keppel Chris Ong, CEO of Keppel O&M, com-
in August of this year. Scheduled for delivery in mented: “We are able to draw insights from the
the first half of 2027, the P-83 will be identical to first of our newbuild FPSOs, the P-78, which
the P-80 in terms of specifications and execution is progressing well and contributing to Keppel
methodology, Keppel confirmed. O&M’s earnings. As the P-83 and P-80 are iden-
“It will build on the synergies reaped from tical units, greater economies of scale and pro-
the P-80, including adapting the design and ductivity gains can be expected as we are able to
engineering as well as leveraging economies of further optimise the engineering and construc-
scale in the procurement of materials,” the com- tion process, as well as fully leverage technology
pany confirmed in a press release. and the seamless co-ordination with our part-
According to Keppel, the contract will be ners in the execution.”
executed by way of progressive milestone pay- Búzios is a large deepwater oilfield in the
ments, with the company expecting to add pre-salt section of the offshore Santos basin. It
SGD3.8bn ($2.67bn) to its order book by project is currently yielding about 700,000 bpd of oil on
completion. average and is anticipated to see production rise
The accommodation module and hull of to 2mn bpd by 2030, equal to 70% of Brazil’s cur-
the ship are set to be done by CIMC Raffles in rent national production levels. ™
China, while the topside modules will be man-
ufactured in Keppel O&M’s facilities in Brazil,
Singapore and China. The components that are
to be manufactured separately will then be inte-
grated in Singapore, after which Keppel O&M
will conduct the final phase of offshore commis-
sioning works once the vessel arrives at the Buz-
ios field. This will be the third vessel that Keppel
has produced for Petrobras.
When finished, the P-83 vessel will be able to
handle 225,000 barrels per day of oil and process
12mn cubic metres per day of gas and will have
a water injection capacity of 250,000 bpd. Addi-
tionally, it will have a storage capacity of 2mn
barrels of oil, making it one of the largest FPSOs
in the world.
The ship will be equipped with green Keppel is building multiple FPSOs for Petrobras (Photo: Keppel Shipyards)

NFE, Ebrasil finalise sale of CELSE to Eneva

US-BASED New Fortress Energy (NFE) and its owned LNG import terminal. The company
Brazilian joint venture partner Ebrasil Energia operates the Porto do Sergipe thermal power
have completed the sale of the Centrais Elétricas plant (TPP), a natural gas-fired facility in Barra
de Sergipe (CELSE) power station to Eneva, a dos Coqueiros with a generating capacity of
privately owned Brazilian company. 1,593 MW. It uses the terminal set up by NFE
CELSE is the keystone of an LNG-to-power to import LNG and convert it to gas that can be
project that makes use of Brazil’s first privately used to generate electricity.

Week 40 05•October•2022 www. NEWSBASE .com P11