Work on schedule for Peregrino FPSO

Uchenna Izundu
OGJ International Editor

LONDON, Aug. 25 -- Work is on track to complete by the fourth quarter the floating, production, storage, and offloading vessel for Maersk FPSOs Brazil to be installed in the Peregrino field operated by StatoilHydro.

First Subsea Ltd. will supply mooring line connectors and buoy pull-in connector for the Peregrino FPSO submerged turret production (STP) buoy, which will be moored in 100 m of water. The value of the contract was not disclosed.

This work adds to other deals signed by Maersk FPSO and StatoilHydro. In July, AGR Field Operations landed a maintenance engineering contract. Maersk FPSOs contracted Aker Solutions AS to install 10 mooring lines with 99-ton piles, heavy chain, and wire.

The FPSO and two drilling platforms will be stationed on Peregrino heavy oil field in the Campos basin 85 km off Brazil (OGJ Online, Apr. 1, 2008). Its estimated reserves are 500 million bbl, excluding identified upsides, which StatoilHydro believes could be increased by an additional 20%.

Contact Uchenna Izundu at uchennai@pennwell.com.

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