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LatAmOil                                     NEWS IN BRIEF                                          LatAmOil








                                                                                approximately NOK2.7bn.
                                                                                DOF Subsea, October 21 2022
                                                                                Amarinth secures order

                                                                                of API 610 OH2 pumps

                                                                                from Yinson Production
                                                                                for Enauta’s FPSO Atlanta


                                                                                Amarinth, a world-leading, net-zero designer
                                                                                and manufacturer of low lifecycle cost centrifu-
                                                                                gal pumps and associated equipment, primarily
                                                                                for the offshore and onshore oil and gas indus-
                                                                                tries; nuclear and renewable energy generation;
                                                                                defence; desalination; process and industrial
       Non-Independent Representatives: Mónica de  and Odin with OPEX Perforadora and Perfora-  markets, has secured an order from Yinson Pro-
       Greiff Lindo, Gonzalo Hernández Jiménez.  dora Profesional Akal I, providers of integrated  duction of two large API 610 OH2 pumps for use
         Independent Representatives: Gabriel Mau-  well services to Pemex.     aboard the FPSO Atlanta, which has been com-
       ricio Cabrera Galvis, Carlos Gustavo Cano Sanz,   The contracts are effective from October 20,  missioned by Enauta.
       Saúl Kattan Cohen, Sandra Ospina Arango, Luis  2022, and will maintain all five rigs contracted   The Brazilian oil and gas company Enauta
       Santiago Perdomo Maldonado, Esteban Pie-  until December 31, 2025, for a combined con-  recently concluded the purchase of an FPSO for
       drahíta Uribe Sergio Restrepo Isaza.  tract value of $715mn, including upfront cash  the Definitive System of its operated Atlanta field
         Ecopetrol is the largest company in Colombia  payments of $33mn in total. Further, these  located off Brazil. The FPSO, which will be capa-
       and one of the main integrated energy compa-  agreements incorporate enhanced terms that  ble of operating in ultra-deepwater depths of
       nies in the American continent, with more than  are expected to improve the economic efficiency  1,500 metres, is being adapted by Malaysia’s Yin-
       18,000 employees.                   of the business.                     son Production from the existing FPSO OSX-2
         In Colombia, the majority state-owned entity   Borr Drilling Limited provides the five rigs  through a turnkey engineering, procurement,
       is responsible for more than 60% of the hydro-  on a bareboat basis to the joint ventures with  construction and installation contract. The pro-
       carbon production of most transportation,  bareboat earnings equivalent to residual cash  ject will be completed in Dubai Drydocks World
       logistics and hydrocarbon refining systems and  from the day-rate earnings less payments of  and includes structural upgrades, refurbishment
       it holds leading positions in the petrochemi-  operating expenses and other fees in the joint  and enhancement of equipment. The new FPSO
       cals and gas distribution segments. With the  ventures.                  Atlanta is scheduled to start operating in 2024
       acquisition of 51.4% of ISA’s shares, the com-  Borr Drilling, October 20 2022  with a production capacity of 50,000 bpd.
       pany participates in energy transmission, the                              Yinson has successfully used Amarinth
       management of real-time systems (XM) and   DOF Subsea awarded            pumps on previous FPSO builds and so was
       the Barranquilla-Cartagena coastal highway                               confident that Amarinth could design and man-
       concession. At the international level, Ecopetrol   MPSV contracts in Guyana  ufacture the two API 610 OH2 pumps with Plan
       has a stake in strategic basins in the American                          53B Seal Support Systems on the very aggressive
       continent, with Drilling and Exploration opera-  DOF Subsea has announced the award of a  36-week delivery that is required to fit with the
       tions in the United States (Permian basin and the  3-year contract for two vessels with Esso Explo-  build schedule of the FPSO.
       Gulf of Mexico), Brazil and Mexico and, through  ration & Production Guyana. Under the agree-  The large crude oil transfer duplex pumps
       ISA and its subsidiaries, Ecopetrol holds leading  ment, DOF Subsea will perform IMR, well  will have 570-mm diameter impellers and be
       positions in the power transmission business in  intervention support and light subsea construc-  equipped with variable frequency drives to
       Brazil, Chile, Peru and Bolivia, road concessions  tion activities to support the growing subsea  improve energy efficiency. All electrical items
       in Chile and the telecommunications sector.  infrastructures in the Stabroek Block offshore  will be IECEx certified for operating in ATEX
       Ecopetrol, October 24 2022          Guyana.                              Zone 1. The pumps will also be America Bureau
                                              Two Multipurpose Support Construction  of Shipping (ABS) witnessed and certified in line
                                           Vessels with 250-tonne AHC crane and 2 work-  with the FPSO being operated under ABS Class.
       PROJECTS & COMPANIES                class ROV systems will be deployed in Guyana   Oliver Brigginshaw, Managing Director of
                                           for 3-year terms, plus 2 years options.  Amarinth, commented: “We are delighted that
       Borr Drilling awarded new           while the second vessel is planned to commence  for API 610 pumps and that we are able to deliver
                                              The first vessel will mobilise in late October  Yinson has placed a further order with Amarinth
       three-year contracts for            in January 2023.                     on the short lead time required to fit the FPSO
                                              Mons S. Aase, CEO, DOF Subsea said, “I am  Atlanta build schedule. The required duties
       five jack-up rigs in Mexico         extremely happy with this contract award from  aboard such an ultra-deep water FPSO demon-
                                           ExxonMobil Guyana and entering the important  strates the confidence that the offshore oil and
       Borr Drilling has announced that its joint ven-  and flourishing Guyanese market. The award  gas market holds in our equipment to operate
       ture company in Mexico (Perfomex) has entered  further underlines DOF’s leading position in  reliably in some of the harshest conditions in the
       into new contracts for the Company’s five pre-  the IMR segment.”        world.”
       mium jack-up rigs Galar, Gersemi, Grid, Njord   The estimated firm backlog for the group is   Amarinth, October 17 2022



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