Brazil’s state-owned oil and gas giant Petrobras has cancelled a tender for chartering an FPSO for the Barracuda-Caratinga revitalization project Petrobras started the contracting process for the FPSO back in the summer of 2023 but it suffered several setbacks and postponements due to a lack of sufficient interest from floater owners The company required a unit capable of producing 100,000 bpd of oil and 6 mscfd One of the main reasons behind Petrobras’ issues and the lack of participation from companies in FPSO tenders was the Brazilian firm’s tendency to use the lease-and-operate format which made the usual participants in these tenders look elsewhere one floater specialist did eventually submit an offer in the autumn of 2024 India’s Shapoorji Pallonji Energy was the only company to submit a proposal for the FPSO marking the first time an Indian company participated in a Petrobras bidding competition The Indian firm requested a daily rate of submitted an offer of a daily rate of $1.636m the company revoked the tender and stated that it had done so “based on uncontrollable supervenient fact which alters the economic viability of the project in the current contract model” The Brazilian giant is now preparing a new tender by year-end which will be done under the build-operate-transfer model which should the builder of the FPSO will operate the unit for several years after which the ownership will be taken over by Petrobras This model will also be used for the two Sergipe-Alagoas FPSOs and the Albacora field revitalization project According to Petrobras’ 2025-29 business plan the FPSO for the Barracuda-Caratinga revitalization project should start operations in 2029 IMO is bound by the membership of its Flag.. This aspiration could only be achieved whe.. While I appreciate the realism here about the scope of the p.. Don't have an account? 43,000+ global companies doing business in the region. 102,000+ key contacts related to companies and projects Analysis, reports, news and interviews about your industry in English, Spanish and Portuguese. Petrobras CEO Jean Paul Prates: 10 years behind in energy transition Monday - Friday 9am-12pm / 2pm-6pm GMT + 1 All financial news and data tailored to specific country editions ExclusiveTop FPSO contractor moving closer to Brazil FPSO awardPetrobras seeking mid-sized FPSO for Barracuda-Caratinga field in Brazil's Campos basin we can't find the page that you are looking for Don't let that stop you from visiting some of our other great related content protected by reCAPTCHA.css-trhdh3::after{background-color:#fa9000;}EXPLORE MOREblinking-dotLive updatesLive updates, ‘Blackmail tool’: Hamas rejects Israeli plan to bypass Gaza aid agenciesUN and humanitarian aid groups say Israel proposed ‘dangerous’ ration ‘scheme’ after nine-week siege Francis-era reforms that saw a diverse group of cardinals join the mix make his successor nearly impossible to call the California federal penitentiary has been shut for more than six decades The attack comes as Moscow prepares to welcome foreign leaders from China and Brazil Reports say Israel now eyeing occupation of entire enclave control of aid and possible expulsion of Palestinians A study gives clue to cosmic origin of gold and heavy elements and they were created earlier than we thought Foreign Minister Olivier Nduhungirehe says the ‘ongoing’ discussions are ‘still in the early stages’ Attack claimed by Houthis temporarily halts air traffic at Israel’s busiest airport and triggers air raid sirens US president makes claim after Mexican leader says her country’s sovereignty ‘not for sale.’ 43,000+ global companies doing business in the region news and interviews about your industry in English Field DevelopmentPetrobras again postpones Barracuda-Caratinga FPSO tenderBrazilian oil giant is seeking a floater to revitalise operations at Campos basin field Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week Our Standards: The Thomson Reuters Trust Principles., opens new tab Gabriel is a Sao Paulo, Brazil-based reporter covering Latin America's financial and breaking news from the region's largest economy. A graduate of the University of Sao Paulo, joined Reuters while in college as a Commodities & Energy intern and has been with the firm ever since. Previously covered sports - including soccer and Formula One - for Brazilian radios and websites. , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved The page you are looking for might have been removed The Barracuda and Caratinga fields lie 160km east of Macae in block BC-50B they will add 30% to the current one million barrels per day output from the Campos Basin region The two fields cover a combined area of 230km2 The fields lie in water depths of 785m in Barracuda and 1,035m in Caratinga Recoverable reserves for Barracuda are estimated at 867 million barrels of oil and 10.7 billion cubic metres of gas contains an estimated 362 million barrels and four billion cubic metres of gas the fields have produced from 20 wells tied back to the Petrobras P-34 floater In May 2010 Petrobras reported two light oil discoveries in the Caratinga field The first accumulation was a post-salt reservoir discovered at a depth of 3,950m by well 6-CRT-43-RJS The reservoir is estimated to contain about 105 million barrels of oil The second accumulation was a pre-salt reservoir discovered at a depth of 4,275m The reservoir is an extension of a previous discovery made by Petrobras in February 2010 The reservoir is estimated to contain 40 million barrels of oil The discovery was made by exploratory well 6-BR-63A-RJS drilled by Diamond Offshore’s Ocean Worker semi-submersible rig The new discoveries will be developed following tests to evaluate their productivity and may be linked to the P48 platform Petrobras is expected to submit an evaluation plan to the National Petroleum Agency for the new discoveries The Petrobras-owned Barracuda and Caratinga Development Corporation awarded the $2.6bn field development contract to Halliburton’s Kellogg Brown & Root (KBR) and Halliburton Energy Services business units installation and construction (EPIC) contract which included the construction of the wells and the fabrication and installation of flowline and risers as well as the construction and installation of two FPSOs Development of the Barracuda field was done in two phases with the pilot system and the final system The final system was developed by FPSO P43 which is hooked by a spread mooring system at a depth of 800m out of which 20 are production wells and 14 injecting wells Barracuda produces an average of 170,000bopd and Caratinga produces 141,000bopd The Caratinga field has 21 wells – 13 production and eight injection wells hooked to the Caratinga Production platform In September 2009 Framo Engineering was awarded a contract to install a multiphase pumping system at the Barracuda field The helicon-axial-type pump will be the first-of-its-kind to be installed water and gas from a satellite well in the field to the P48 platform Installation of the system will help to increase the oil production and recovery rate It will also help to produce from wells located away from the production platforms The EPIC contract covered the construction of 55 wells (22 horizontal producers eight horizontal injectors and eight piggyback injectors) The development also included the 15 old wells connected to the P34 Part of the produced gas was used for gas lift in the wells while water injection strategies demand between 200,000 and 250,000bpd The drilling is being carried out by Petrobras under a subcontract to KBR Between four and seven rigs operate in the field simultaneously Diamond Ocean Alliance and R&B Falcon’s Peregrine III The development is based on two large FPSOs These FPSOs were planned be moored 12.7km apart which was converted at the Jurong Shipyard in Singapore The topsides were integrated at the Maua Jurong yard in Niteroi near Rio Oil production from P43 began in December 2004 Caratinga was developed by converting Stena Concordia into the P48 This work was carried out at the BrasFels yard in Angra dos Reis Each of the FPSOs has a storage capacity of two million barrels each FPSO has production capabilities of 150,000bpd The FPSOs are moored by 18 polyester and chain lines each via a taut-leg system The oil production from P48 started in February 2005 The subsea wells are connected individually to the FPSO by flexible risers The total cumulative riser length will be 420km or over 170 reels Each well will have a production flowline and annulus line On Barracuda there are 81 pull-ins while Caratinga has 52 pull-ins These flexible risers range in size from 4in to 9.5in and are manufactured by Wellstream Another 40 reels contain 243km of control umbilicals Halliburton KBR used reel vessel Toisa Perseus and DSND’s Commander 3000 Oil is offloaded into a shuttle tanker from the two FPSOs while the gas is piped via two 9.5in diameter gas export risers to a 60t pipeline end manifold A 12in gas export riser takes it the PNA-1 platform Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network who was one of the biggest artists in Brazil was on her way to a concert when her plane crashed Brazilian singer and Latin Grammy winner Marília Mendonça has died in a plane crash The 26-year-old artist was travelling to a concert in Minas Gerais on a small plane yesterday (November 5) After departing Santa Genoveva airport in Goiâna Four other people who were on the plane were also killed in the crash Both representatives for Mendonça and Minas Gerais state’s civil police have confirmed the star’s death An investigation into the crash has been launched Marília Mendonça CREDIT: Andre Cardoso/TheNEWS2 via ZUMA Press Wire) Minas Gerais Electric Company (CEMIG) said in a statement obtained by CNN that the plane the singer was travelling on had hit a cable on an electric tower that is operated by the company Minas Gerais police chief Ivan Lopes Sales said that while it was too early to say why the plane had crashed the “dispersed debris field” suggested that it had “hit something before the plane fell” we confirm the death of singer-songwriter Marília Mendonça her uncle and advisor Abicieli Silveira Dias Filho of which we won’t reveal their names at this time,” read a statement posted to Mendonça’s official Instagram page “The plane took off from Goiânia to Caratinga where Marília would perform tonight Mendonça was one of the biggest stars in Brazil’s music scene and was the most listened to artist in the country on Spotify last year and in 2020 She also had the most-watched livestream in the world drawing in a peak viewership of 3.3million viewers on YouTube for an online concert The star was first nominated for a Latin Grammy for her 2017 album ‘Realidade’ she collected her first trophy at the ceremony picking up the Best Sertaneja Music Album award for ‘Todos os Cantos’ A funeral will be held for Mendonça at 8am local time today (November 6) in an arena in the state capital of Goiânia Brazilian stars and public figures have paid tribute to Mendonça since the news of her death broke Paris Saint-Germain and Brazil striker Neymar tweeted: “I swear I went to sleep asking God for everything to be a dream and that today I woke up only from a nightmare.” Juro que fui dormir pedindo a Deus para que tudo fosse um sonho e que hoje, eu acordasse somente de um pesadelo. 😢🖤🕊 #MariliaMendonca — Neymar Jr (@neymarjr) November 6, 2021 Brazilian president Jair Bolsonaro called her “one of the greatest artists of her generation” and praised her “unique voice her charisma and her music” which had “earned the affection and admiration of all of us” I ask God to console the heart of her fans and as well as of the other victims of the accident,” he added – O país inteiro recebe em choque a notícia do passamento da jovem cantora sertaneja Marília Mendonça seu carisma e sua música conquistou o carinho e a admiração de todos nós — Jair M. Bolsonaro (@jairbolsonaro) November 5, 2021 – Neste momento de profunda dor e tristeza peço a Deus que console o coração de seus fãs e Que a dor da saudade dê lugar à certeza de que a morte não é o fim — Jair M. Bolsonaro (@jairbolsonaro) November 5, 2021 Rio de Janeiro governor Claudio Castro added in a statement: “Young and talented Marília was the protagonist of a new chapter of Brazilian country music and inspiration for several singers in the segment The country is shocked and mourns this loss that came too early.” The world’s defining voice in music and pop culture: breaking what’s new and what’s next since 1952 Award-winning Brazilian singer Marília Mendonça was killed in a plane crash along with four others after the private jet carrying the star, her producer and her uncle  went down near a waterfall in southeastern Brazil on Friday Just an hour before the deadly crash, Mendonça uploaded a video to Twitter and Instagram that showed her pulling her suitcase and carrying her guitar before she boarded the flight was on her way to a concert in the Minas Gerais city of Caratinga when the private aircraft crashed Mendonça, who won a Latin Grammy Award in 2019, leaves behind one-year-old son named Léo. Two of the four other victims were identified as her producer Henrique Ribeiro, and her uncle and advisor Abicieli Silveira Dias. The names of the pilot and co-pilot have not been released. Their deaths were confirmed by the Military Fire Department of Minas Gerais.  Mendonça's final video shows her eating from a food tray and her workout regimen. 'This is the reality my people!' she wrote. 'Tell me here in the most delicious comments of this wonderful state that is Minas Gerais.' The twin-engine Beech Aircraft took off from Goiânia and was headed to Caratinga when it crashed around 3:30 local time. Mendonça was set to perform with the duo Douglas and Vinicius at Exhibition Park. 'My God. I just found out,' Brazilian singer Anitta tweeted. 'I can't believe it. I want to believe that there is still hope.' 'I refuse to believe, I refuse,' Brazilian soccer star Neymar wrote on Twitter. The Center for Investigation and Prevention of Aeronautical Accident is investigating the incident. The small plane was manufactured in 1984 in the United States and was in good standing, the National Civil Aviation Agency reported. The country music singer began composing music as a 12-year-old. She debuted in 2014 and released her first EP in 2015. She followed it up with a live album, Marília Mendonça: Ao Vivo, in 2016 which went triple platinum.  The album's lead single, Infiel, was the fifth-most played song on Brazilian radio that year. Mendonça was honored in 2019 with the Latin Grammy Award for Best Sertaneja Music Album for her live project, Todos os Cantos. She was also known as the 'queen of suffering' due to her lyrics over relationships that did not work out. According to Spotify, Mendonça was the most listened to artist in Brazil in 2019 and 2020. 'It is with immense regret that we mourn the death of the singer Marília Mendonça, the entire crew and passengers,' the Ministry of Culture said in a statement. 'She was a composer of country hits. Marília Mendonça leaves a legacy for Brazilian regional music and Brazilian culture. It will certainly not be forgotten. (We send) our condolences to family and friends. Rest in peace, 'singer of the world.' Major terror attack 'was just HOURS away' before it was foiled by the special forces and police:... Victim of acid attack 'plotted by his ex-partner who teamed up with a gang' dies in hospital six... We are trapped in unsellable newbuild homes after a £52m dual carriageway was built on our... Horror as $4.5M influencer-laden yacht SINKS off Miami... after glam women made a rookie maritime... Pub is forced to pay family £75,000 after wrongly accusing them of 'dine and dash' over £150... How Meghan's biggest cheerleader brokered Harry's disastrous BBC interview - three months after... Woman dead and three others including a child injured after car ploughed into pedestrians: Man, 49,... 'It's a rather giant f*** you.' Royal insider's furious reaction to Meghan's Instagram salvo as... Woman who was missing for more than 60 years is found 'alive and well' decades after vanishing... American tourist suffers horrific fate while attempting to capture selfie at Rome's Colosseum The towns being ruined by day-tripper invasions. Selfie-loving tourists cause traffic hell and the... Revealed: The reason behind Fred & Rose West kids' bitter family rift as siblings have 'nothing to... How can I see the Red Arrows' iconic flypast? Map reveals when and where planes will be visible over... Hamas hostage, 23, 'raped by personal trainer influencer in her own home after being released' King, Queen, William and Kate honour selfless devotion of Britain's wartime heroes as they lead... Husband of British mother, 65, who was knifed to death in French village says her affair is a... four passengers die after jet crashed in BrazilCommenting on this article has endedNewest{{#isModerationStatus}}{{moderationStatus}} The ad-free version is ready for purchase on iOS mobile app today we couldn't find that page";var n=e.querySelector("h2");return n&&n.remove(),{staticContent:e,title:t}},d=function(e){var t=document.createElement("button");return t.innerText=e,t.classList.add("error-page-button"),t},f=function(e){var t=document.createElement("div");t.id="recirculation-404",t.classList.add("brand-hint-bg");var n="\n \n \n \n \n \n '.concat(e,' Tick here if you would like us to send you the author’s response