Petrobras Opens Tender for P-54 Construction

Petrobras revealed that, as part of the development of the giant Roncador field, located in Campos Basin, it has began the bidding processes for the construction of the production unit P-54, which is schedule to come online during the second quarter of 2006. This new production unit shall be constructed from the hull of the oil tanker Barao de Maua, currently part of the Petrobras fleet.

P-54 shall have capacity to produce 180,000 barrels of oil per day. The production unit shall be contracted through three simultaneous and complementary bidding processes: one for the construction of the electric generation modules; another for the construction of the gas compression modules; and a third one for the conversion of the hull and integration of the production installations.

The first two tenders for electric generation and gas compressions units will be open to any international companies wishing to bid. In relation to these first two tenders, the services for detailed engineering, construction and assembly of the modules shall be fully executed in Brazil. And, according to the procedure adopted for the bid currently in progress of units P-51 and P-52, a minimum national content of 75% of the contractual price was established, excluding the amounts related to motor-compressors and engines, not manufactured in the country.

The third tender which deals with the conversion of the hull, the construction of the process plant of the platform, and the integration among the hull, the plant, and the electric and gas compression modules are being tendered to both domestic and foreign companies with expertise in this area.

Concerning this third agreement, the detailed engineering, construction, and assembling of the process and utilities plant shall be obligatorily executed in Brazil, as well as the integration of the plant with the hull and the electric and gas compression modules, with the establishment of a minimum national content of 65% of the contractual price.

The bidders in the three bids shall have until September this year to submit their bids. The winners will be declared in 2003, after the conclusion of the stages of technical and commercial evaluation of the bids submitted.

In order to allow the construction of platform P-54, 4,000 direct jobs will be created, all related to engineering, construction, and assembling. Additionally this will a significant number of indirect jobs in the national industry of capital goods.