Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Petrobras gets single offer from SBM for Mero 4 oil platform -sources

02/23/2021 | 05:24pm EST

RIO DE JANEIRO, Feb 23 (Reuters) - Brazil's state-controlled oil company Petrobras received only one proposal, from Holland's SBM Offshore, in a bid to contract construction of the Mero 4 oil platform in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters.

Petrobras' business plan foresees Mero 4 entering operation in 2025 with a capacity to produce 180,000 barrels of oil a day.

Petrobras and SBM declined to comment.

One of the sources commented that it is the "first time in a long time that Petrobras has received only one proposal" in a bid, a sign that the platform chartering market may no longer have as much room to absorb new demands.

In January, Petrobras held the first bid for the contracting of its own platforms in more than seven years, while seeking to diversify its suppliers of production units.

On that occasion, the company received three proposals from consortia led by Keppel Corporation Ltd, Samsung Heavy Industries Co Ltd and Daewoo Shipbuilding & Marine Engineering Co Ltd, for the construction of the P-78 and P-79 platforms.

According to previous information provided by Petrobras, the Mero field is the third largest in the pre-salt layer and is located in the Libra area, the first to be auctioned in Brazil under production sharing in 2013.

This year, Mero will receive its first definitive production platform, according to the business plan.

The area is operated by Petrobras, with a 40% stake, in partnership with oil majors Royal Dutch Shell and Total each with a 20% stake, and 10% each held by Chinese companies CNODC and CNOOC. (Reporting by Marta Nogueira Editing by Marguerita Choy)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CNOOC LIMITED -6.19% 9.25 End-of-day quote.28.83%
DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD. -2.68% 25450 End-of-day quote.-7.12%
KEPPEL CORPORATION LIMITED -0.78% 5.08 End-of-day quote.-5.58%
LONDON BRENT OIL -3.79% 64.4 Delayed Quote.30.10%
PETRÓLEO BRASILEIRO S.A. - PETROBRAS -4.10% 22.24 End-of-day quote.-21.52%
ROYAL DUTCH SHELL PLC -3.32% 16.904 Real-time Quote.15.67%
SAMSUNG ELECTRONICS CO., LTD. -3.28% 82500 End-of-day quote.1.85%
SAMSUNG HEAVY INDUSTRIES CO., LTD. -2.09% 6560 End-of-day quote.-6.82%
SBM HOLDINGS LTD -0.59% 3.38 End-of-day quote.-6.11%
SBM OFFSHORE N.V -3.70% 14.685 Real-time Quote.-5.65%
TOTAL SE -2.74% 38.375 Real-time Quote.8.71%
WTI -2.98% 61.53 Delayed Quote.31.86%
Latest news "Economy & Forex"
12:50aMcDonald's considers selling part of digital startup Dynamic Yield
RE
12:18aFirst LPG Jetty of Tombak Export Port Operational
PU
12:18aNIOC NATIONAL IRANIAN OIL : OPEC's 8th International Seminar Postponed to 29-30 June 2022
PU
12:17aMalaysian pension fund EPF assets grow to value of $252 bln in 2020
RE
12:13aUS, with Trump gone, seeks to build bridges on global economy
RE
12:12aTokyo 2020 committee to pick at least 11 women to join board -media
RE
12:04aWORLD BANK ONLINE MORNING SEMINAR #91 “GOING VIRAL : COVID-19 and the Accelerated Transformation of Jobs in Latin America and the Caribbean”
PU
02/26What is love? Beijing desires unconditional loyalty from Hong Kong
RE
02/26Senate Democrats Look for Backup Plan to Raise Minimum Wage Through Taxes
DJ
02/26Assets of Malaysian pension fund valued at 1.02 trln ringgit in 2020
RE
Latest news "Economy & Forex"