TechnipFMC bags Peregrino II project subsea award

Business & Finance

TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract by Statoil for the Peregrino Phase II Project in Brazil. 

According to TechnipFMC’s statement on Thursday, the contract covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located in Campos Basin, offshore Brazil.

This new fixed platform will be connected by the in-field lines to the existing platform.

TechnipFMC will be responsible for the overall execution for engineering, procurement, manufacturing, construction, installation and pre-commissioning of the rigid pipelines, flexible lines and the required subsea equipment. The company said it will leverage local capabilities as well as the global state of the art pipelay fleet for the offshore campaign, which is scheduled to start in 2019.

Hallvard Hasselknippe, President of TechnipFMC’s Subsea Projects, commented: “We are extremely honored and proud to have been selected to execute this project, in addition to the previously awarded surface trees package for Peregrino phase 2. This reinforces the long-standing relationship between Statoil and TechnipFMC, which we will continue to strengthen through future Brazilian projects.”

Earlier this year, Statoil awarded a procurement and construction contract for the Peregrino II jacket to the Dutch contractor, Heerema Fabrication Group.

Peregrino is Statoil’s largest operated heavy oil field outside Norway. Located 85 kilometers off the coast of Rio de Janeiro, in the south-west part of the Campos Basin, the Peregrino field is located in the BM-C-7 block operated by Statoil with a 60% share, in partnership with the Chinese company Sinochem (40% interest).

The first phase of the development includes two fixed platforms and a large floating production, storage and offloading (FPSO) unit. A system of pipelines, risers and cables connects this FPSO and the two wellhead platforms.

The Peregrino Phase II field development will add a third wellhead platform, as this area is not accessible by the existing two platforms. It contains an eight-legged jacket and a wellhead platform with a drilling unit (WHP-C) tied-back to the existing FPSO.

Offshore Energy Today Staff