Page 15 - LatAmOil Week 47 2021

LatAmOil NEWS IN BRIEF LatAmOil

As stated in the bid notice, Petrobras will make worth approximately 940mn $. benefiting local communities.
investments to improve the overall infrastruc- The project awarded to Saipem includes the Suriname’s Amazon forest covers more than
ture, including the construction of tankage and Engineering, Procurement, Construction and 15mn hectares and absorbs billions of tonnes
a new pier. Installation (EPCI) of the Steel Lazy Wave Risers of CO2 each year. It is home to rich biodiver-
Petrobras, November 19 2021 (SLWR) and associated flowlines interconnect- sity and plays a crucial historical and cultural
ing 15 subsea wells to the FPSO together with the role in local communities. The development of
related service lines and control umbilicals. Fur- new economic activities and growing demand
SERVICES thermore, Saipem will also be responsible for the for natural resources puts pressure on the for-
provision and installation of the FPSO anchors ests, making the implementation of sustainable
Wood secures extension and for the hook up of the FPSO at field. development models more necessary than ever.
The agreement signed by the Government of
Saipem will use the FDS, its state-of-the-art
with Equinor to deliver field development ship, for the installation of the Suriname and TotalEnergies provides for future
projects to preserve forest ecosystems. The emis-
SLWRs.
maintenance solutions awarded a contract by Petrobras for the Buzios 5 shall be certified in accordance with highest
In July 2020 Saipem had already been sions reductions stemming from these actions
at Peregrino project for the Engineering, Procurement, Con- international standard.
struction and Installation (EPCI) of the Steel
“This carbon credit exchange agreement is a
Wood has secured an extension with Equinor to Lazy Wave Risers (SLWR) and associated flow- historical milestone for Suriname. Our country
deliver maintenance solutions across the Pere- lines between all wells and the FPSO. is determined to establish institutional capacity
grino wellhead platforms (WHP) and floating Francesco Caio, CEO and General Manager first. The carbon credit market has a very prom-
production storage and offloading (FPSO) unit, of Saipem commented: “This project is a further ising future for High-Forest/Low-Deforestation
located off the coast of Rio de Janeiro, Brazil. important evidence of a new investment cycle (HFLD) countries, but the benefits will not only
This is the third one-year extension awarded and of Saipem’s competitiveness in projects with be determined by mere market forces. They
to the team, with the contract initially secured in a high technological content. The contract also will mainly be determined by the ability of the
2015 as a four-year commitment with four addi- confirms the trust placed in Saipem by major countries’ governing institutes to manage their
tional one-year options to extend. clients such as Petrobras for the realization of natural resources at an unprecedented level of
Wood’s core team, consisting of approx- projects central to their strategies, as well as it professionalism. This agreement with TotalEn-
imately 140 people, will continue to provide confirms the solid position of the company in ergies provides the opportunity to do so,” said
maintenance solutions to optimise the assets. geographic areas with significant development Silvano Tjong-Ahin, Suriname’s Minister of
As Wood executes Equinor’s upcoming major prospects.” Spatial Planning and Environment.
Technical Condition Upgrade Project (TCUP) Saipem, November 22 2021 “We are delighted to partner with the Govern-
on the Peregrino assets, an additional 500 people ment of Suriname to preserve forests as carbon
will be mobilised to the team. sinks in the country. This agreement, which aims
Paul Leonard, Wood’s President for Opera- ESG to protect forest ecosystems and biodiversity
tions in the Americas, said: “This latest endorse- while benefiting local communities, is aligned
ment is testament to the strong relationship we TotalEnergies partners with the Suriname government’s REDD+ strat-
have built with Equinor, having worked with the egy, the United Nations Framework Convention
client since 2009. This contract extension solid- with Suriname to preserve on Climate Change (UNFCCC) and the conclu-
ifies our position in the region, demonstrating sions of the Paris Agreement,” said Christine
Wood’s proven capabilities in delivering energy forests as carbon sinks Healy, Senior Vice President Carbon Neutrality
solutions to Brazil. We are well positioned to at TotalEnergies. “TotalEnergies’ ambition to
extend our work with Equinor in the years to TotalEnergies has signed an agreement with the get to Net Zero for its scope 1 & 2 emissions is
come as they continue to invest heavily in Brazil, Government of Suriname to provide support for based on a series of tangible measures designed
with new developments. We are also committed its national strategy to reduce greenhouse gas first to avoid, then to reduce our greenhouse gas
to align with them in their pursuit of alternative emissions by preserving forests in the country. emissions by implementing best available tech-
energy sources, such as solar and wind, as we This public-private partnership illustrates the nologies, and lastly to offset residual emissions,
navigate the energy transition towards net-zero alignment between the ambition of TotalEner- in particular through nature based solutions like
carbon emissions together.” gies and the Government of Suriname to pro- forest preservation. This agreement illustrates
Wood, November 23 2021 tect forest ecosystems and biodiversity while our approach.”
Petrobras awards Saipem

new contract for Buzios 7
project offshore Brazil

Saipem has been awarded by Petrobras a new
SURF EPCI contract for the installation of a rigid
riser-based subsea system for the Búzios 7 pro-
ject, to serve the pre-salt field located about 200
km offshore the state of Rio de Janeiro, in water
depths of around 2,000 metres. The contract is

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