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Suez Wins Water-Supply Contract for Oil Vessels Off Brazil Coast

July 22 (Bloomberg) -- Suez Environnement, the second-largest water company in Europe, won a supply contract for vessels involved in offshore oil production in Brazil.

Degremont, Suez’s water-management subsidiary, was awarded an engineering and procurement contract for four water-supply units for Keppel FELS Brasil and its affiliates Lindel Private Ltd. and Estaleiro BrasFELS Ltda.

The water-supply units, two of them seawater desalination, will equip two floating production, storage and offloading or FPSOs vessels ordered by Tupi BV, a subsidiary of state-owned Petrobras Brasileiro SA, for offshore oil production in Brazil. The other two are sulphate removal units that treat seawater to make it suitable for water injection, helping avoid clogging rock reservoirs and contributing to enhanced oil recovery, Suez said today in a statement. No contract terms were disclosed.

Following the discovery of ultra-deep reservoirs 300 kilometers off shore, Brazil will become the sixth-largest oil producer by 2020, said Remi Lantier, chief executive officer of Degremont. With the contract, “Degremont proves its capability to accompany Petrobras in its needs for innovative water solutions for upstream oil and gas production.”

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To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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