TechnipFMC bags $1-bln EPCI contract in Brazil

BRASíLIA, January 4, 2024 – TechnipFMC has signed a contract worth more than USD 1 billion with Brazilian NOC Petrobras for integrated EPCI works on the pre-salt Mero 3 high-pressure separation project offshore Brazil, the multinational technology provider announced on Wednesday.

Under the contract Technip FMC will provide the design, engineering, manufacturing and installation of subsea equipment including manifolds, flexible and rigid pipes, umbilicals, power distribution components. It also includes life of field services.

TechnipFMC and Petrobras have partnered on developing the latter’s patented HISEP (high-pressure separation) technology that will use subsea processing to capture carbon dioxide-rich gases from the FPSO and inject them into the reservoir.

The HISEP system will be used for the first time at the Mero 3 development.

The Mero 3 project involves installing a fourth FPSO on the field connected to 15 wells, eight of which are oil production wells and seven water and gas injection wells.

The upcoming FPSO will have the capacity to process 180,000 bopd and 12 mcm of gas per day and is scheduled for commissioning in H2 2024.

Petrobras operates the Mero field on the Libra concession with a 38.6% stake alongside partners Shell (19.3%), TotalEnergies (19.3%), China National Petroleum Corporation (9.65%), China National Offshore Oil Corporation (9.65%) and government entity PPSA (3.5%).

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