Equinor and Prio extend vessel contracts in Brazil

Aug. 14, 2023
Equinor Brazil and PRIO SA have extended contracts to Solstad Offshore ASA for vessels in Brazil. The combined value of the contracts is $100 million.

Equinor Brazil and PRIO SA have extended contracts to Solstad Offshore ASA for vessels in Brazil. The combined value of the contracts is $100 million.

For Equinor, Solstad will convert the platform supply vessel (PSV) Normand Carioca to a well stimulation vessel (WSV) and extend the present contract until December 2027. The cost of the conversion is covered by Equinor. The vessel has been under contract with Equinor Brazil since 2017 and will start its new scope of work in third quarter 2023 and will support the drilling activities at Bacalhau field in the Santos basin pre-salt.

Bacalhau development will include 19 trees as well as associated subsea equipment including subsea wellheads, subsea controls and connection systems, and a full completion workover riser. The SURF scope comprises rigid risers, flowlines, and umbilicals (OGJ Online, June 15, 2021).

Equinor is operator at Bacalhau with 40% interest. Partners are ExxonMobil 40%, Petrogal Brasil 20%, and Pré-sal Petróleo SA (government company, PSA manager).

Construction support vessel (CSV) Normand Pioneer has been awarded an extension of its charter contract with PRIO for a period of 18 months to August 2025. The vessel is capable of trenching, flexible pipe-laying, towing, and anchor handling and will support PRIO’s exploration and production activities in Brazilian waters which include Campo de Polvo, Campo de Tubarao Martelo, Campo de Frade, Campo de Wahoo, and Campo de Albacora Leste.