QGOG signs FPSO contracts

OE Staff
Monday, July 15, 2013

QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema, with the Consortium BM-S-11. 

The FPSOs will be owned and operated by a joint venture company formed by QGOG, SBM Offshore, Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line).

Both units will operate in Lula field in the Santos Basin pre-salt area offshore Brazil and will have similar specifications to FPSO Cidade de Ilhabela, with a daily oil production capacity of 150,000 bo/d and gas production capacity of 6.0 m³ per day.

Planned delivery for FPSOs Cidade de Maricá and Cidade de Saquarema is expected respectively by end 2015 and early 2016.

Luna field is operated by Petrobras (65%), with BG E&P Brasil Ltda. holding 25% stake , and Petrogal Brasil S.A. holding 10% stake.

Categories: Activity FPSO Offshore Vessels

Related Stories

DOF's Subsea Construction Vessel Gets Atlantic Region Jobs

DOF's Subsea Construction Vessel Gets Atlantic Region Jobs

Van Oord Christens World's Largest and Most Sustainable Offshore Wind Installation Vessel

Van Oord Christens World's Largest and Most Sustainable Offshore Wind Installation Vessel

Subsea7 Nets ‘Substantial’ Contract off Norway

Subsea7 Nets ‘Substantial’ Contract off Norway

Current News

Libya Blocks Greek Tender for Hydrocarbon Exploration Off Crete

Russia Looks to Myanmar Offshore Oil and Gas Prospects

TotalEnergies’ Offshore Platform Workers in UK Secure Better Conditions

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Subscribe for OE Digital E‑News

Offshore Engineer Magazine