[Brazil] FPSO Cidade de Maricá

[escveritas]

Feb 16 2016



SBM Offshore is pleased to announce that FPSO Cidade de Maricá is formally on hire as of February 7, 2016 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance.

The vessel is installed in the Lula field (BM-S-11 contract) in the pre-salt province offshore Brazil. The FPSO will operate under a 20-year charter with Tupi BV as well as an operations contract with the BM-S-11 consortium. The BM-S-11 block is under concession to a consortium comprised of PETROBRAS (65%), BG E&P Brasil Ltda – a Royal Dutch Shell subsidiary (25%) and Petrogal Brasil S.A. (10%).

The FPSO is owned and operated by a Joint Venture owned by affiliated companies of SBM Offshore, Mitsubishi Corporation, Nippon Yusen Kabushiki Kaisha, and Queiroz Galvão Óleo e Gás S.A. in which SBM Offshore’s shareholding is 56%.

FPSO Cidade de Maricá is one of two carbon-copy FPSOs being constructed from the blueprint for FPSO Cidade de Ilhabela, the mother ship, which sailed from Brasa to commence production in November 2014. The FPSO is the deepest in SBM’s operating fleet at 2,140m and has the largest capacity at 150,000 bpd of oil.

Conversion work on the hull and some module integration was completed in China before she set sail in April 2015 for Brazil. Cidade de Maricá is the second FPSO to moor and be integrated at BRASA shipyard since it opened in 2012.