SBM Offshore Starts Oil Production on FPSO Cidade de Paraty for Pre-Salt Field
SCHIEDAM, THE NETHERLANDS -- (Marketwired) -- 06/11/13 --
FPSO Cidade de Paraty on hire
SBM Offshore is pleased to announce FPSO Cidade de Paraty is
formally on hire
since 7 June 2013, following full systems acceptance
by our client and continues
to ramp up oil production.
The facility has been constructed in 34 months from Letter of
Intent in June
2010, in line with expectations and meets the
local content requirements for Brazilian FPSOs. The FPSO will
operate under twenty year charter and operate
contract on the Lula
Nordeste development in the pre-salt area, offshore Brazil.
The Lula field is located in block BM-S-11 in the Santos basin at
300 kilometres offshore and 2,100 metres water depth.
FPSO Cidade de Paraty is a new generation 3 FPSO and has installed
topside facilities with a weight of around 14,000 tons to process
120,000 bpd of oil, associated gas treatment for 5,000,000 Sm(3)/d
with compression and carbon dioxide removal and a
injection facility for 150,000 bpd.
The unit is owned and operated by a consortium of affiliated
companies of SBM Offshore, QGOG, Nippon Yusen Kabushiki Kaisha
(NYK), and ITOCHU Corporation
The Board of Management
Schiedam, 11 June 2013
SBM Offshore Press Release 11 June 2013:
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SBM Offshore N.V. via Thomson Reuters ONE
For further information, please contact:
Sebastiaan de Ronde Bresser
Investor Relations Officer
Telephone: (+377) 92 05 85 15
Mobile: (+33) 643 919 312
Group Communications Director
Telephone: (+377) 92 05 30 83
Mobile: (+377) 680 863 691
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