Modec and Subsea Integration Alliance (SIA) have secured contracts from Equinor to provide front-end engineering design (FEED) services for its Bacalhau (formerly Carcará) project offshore Brazil.
SIA is a partnership between Subsea 7 and Schlumberger‘s OneSubsea.
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The contracts are for the first phase of the Bacalhau field. The field is 185km from the coast of Ilhabela / SP, São Paulo, at a depth of 2,050m.
Equinor has selected SIA for the subsea umbilicals, risers and flowlines (SURF) contract. It has awarded MODEC the floating production storage and offloading (FPSO) contract.
Bacalhau field is operated by Equinor, with a 40% stake. Other partners are ExxonMobil (40%), Petrogal Brasil (20%), and Pré-sal Petróleo as a non-investor government agency.
The contracts awarded to SIA and MODEC are based on a two-step award.
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By GlobalDataFEED and pre-investment are starting immediately. It also has an option for the execution phase, including engineering, procurement, construction and installation (EPCI) for the entire SURF and FPSO scope.
The oil field development will include 19 wells, around 130km of rigid risers and flowlines, and 35km of umbilicals.
Equinor technology, projects and drilling executive vice-president Anders Opedal said: “Awarding these contracts is an important milestone in developing the Bacalhau area.
“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 FPSO will be the largest in Brazil, with a production capacity of 220,000 barrels per day (bpd). The SURF contract contributes to around 60% of the local content in the country.
Equinor development and production Brazil executive vice-president Margareth Øvrum said: “Brazil is a core growth area for Equinor, and the company has ambitions of producing 300,000 to 500,000 barrels a day in Brazil within 2030. Bacalhau will be an important contributor to reach this goal.”
