Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
Norway : Equinor awarding contracts in Brazil
Publish Date : 05-Feb-2020
Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcar) area in Brazil. Contractors have been selected for both the SURF (Subsea, Umbilical, Risers and Flowlines) and the FPSO (Floating Production, Storage and Offloading) contracts.
Subsea Integration Alliance, SIA formed by Subsea7 and OneSubsea has been selected for the SURF contract and MODEC Inc. for the FPSO contract.
Awarding these contracts is an important milestone in developing the Bacalhau area, says Anders Opedal, Equinors executive vice president for Technology, Projects & Drilling. We have awarded these contracts to reputable companies with long experience in Brazil and we are now looking forward to further collaboration with SIA and MODEC to ensure a timely execution of the project.
The SURF and FPSO contracts are based on a two-step award. The FEED and pre-investment are starting now, with an option for the execution phase under a lump sum turnkey contract setup which includes engineering, procurement, construction and installation for the entire SURF and FPSO scopes.