Teekay, Odebrecht JV in front seat for Libra FPSO award

Teekay Offshore has announced that its 50/50 joint venture with Odebrecht was recently nominated by Brazil’s Petrobras as the lead commercial bidder on the Libra FPSO project in Brazil, and has been invited by Petrobras to conclude contract negotiations.

The FPSO unit is expected to be owned and operated by the Teekay Offshore’s 50/50 joint venture with Odebrecht and will service the Libra pre-salt field in the Santos Basin offshore Brazil, which is expected to start operations in early-2017.

The final contract negotiations are expected to be completed during the third quarter of 2014.

Drilling begins

Petrobras yesterday announced it had begun drilling operations at an exploration well at the Libra field.

The block covers approximately 1,550 square kilometers in water depths of around 2,000 meters (6,500 feet). The reservoir depth is around 3,500 meters below the sea floor (11,500 feet). The ANP estimates that total gross peak oil production could reach 1.4 million barrels per day. However, further appraisal is required to firm up this estimate, the development concept and a first oil date.

The Libra consortium is composed of Petrobras (operator and owner of a 40% stake), Shell (20%), Total (20%), CNPC (10%) and CNOOC (10%), together with Pré-Sal Petróleo S.A. (PPSA), the consortium manager.

 

Offshore Energy Today Staff, August 08, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2017 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

OGA 2017

OGA 2017 is the most beneficial way to meet, discuss and acquire the latest in the Oil & Gas industry! …

read more >

Offshore Technology Conference (OTC) 2017

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific…

read more >

Middle East Offshore Support Journal Conference

The 4th Annual Middle East OSJ Conference in Dubai brings together leading shipowners, oil and gas majors, shipbuilders, investors…

read more >

Future Conference: Wind & Maritime

The sixth Future Conference: Wind & Maritime – the conference in north-eastern Germany that connects wind wnergy with maritime industry…

read more >

Jobs>

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

apply

Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply