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Technip-Keppel Consortium Wins $1.2 Billion Contract From Petrobras

Posted on: Monday, 24 December 2007, 06:00 CST

Technip-Keppel Consortium has been awarded a contract worth approximately $1.2 billion by Petrobras for the engineering, procurement and construction of the P-56 semi-submersible platform. The platform will be installed in the Marlim Sul oil field in the Campos Basin, in 1,700 meter waterdepth.

The P-56 platform will have a processing capacity of 0.1 million barrels of oil and 5.2 million cubic meters of natural gas per day. It is scheduled for delivery in the fourth quarter of 2010.

Technip's operating center in Rio de Janeiro, Brazil, will be responsible for the engineering of the topsides. Transportation and offshore mating will be supervised by Technip's operating center in Paris, France. The consortium will undertake procurement activities from its offices in Rio de Janeiro, with a contractual target of 60% local content.

After the P-51 and P-52 platforms, the P-56 will be the third semi-submersible production platform built by the consortium.


Source: Datamonitor

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