DOF Subsea secures support vessel contract for Brazil’s Mero Field

13 October 2020 (Last Updated October 13th, 2020 12:45)

Norwegian company DOF Subsea has secured a long-term contract from the Petrobras-led Libra Consortium for operation activities on the Brazilian continental shelf at the Mero field.

DOF Subsea secures support vessel contract for Brazil’s Mero Field
Petrobras has contracted DOF’s construction support vessel for three years. Credit: Bruno / Germany / Pixabay.

Norwegian company DOF Subsea has secured a long-term contract from the Petrobras-led Libra Consortium for operation activities on the Brazilian continental shelf at the Mero field.

The Mero field is owned by the Libra consortium, which is operated by Petrobras (40%) and includes Shell Brasil Petróleo (20%), Total E&P do Brasil (20%), CNODC Brasil Petróleo e Gás (10%), and CNOOC Petroleum Brasil (10%).

The field is an ultra-deepwater oilfield situated approximately 180km offshore Rio de Janeiro in the Libra block, Brazil. It is located in the pre-salt area of the Santos Basin.

Petrobras has contracted DOF’s construction support vessel Skandi Salvador for three years.

The vessel will operate two remotely operated underwater vehicles (ROVs), providing inspection, maintenance and subsea commissioning services.

As part of the contract, DOF Subsea Brazil holds responsibility for the ROV operations while Norskan will be responsible for marine operations.

Both DOF Subsea Brazil and Norskan are fully owned subsidiaries of DOF ASA.

So far, DOF has been securing many contracts in Brazil and signed approximately $250m worth of deals since June.

DOF Group CEO Mons S Aase said: “I am very pleased over being awarded this long-term contract with Petrobras.

“The award further strengthens DOF’s position in the IMR market in Brazil. DOF Subsea is dedicated to delivering efficient services without compromise to safety.”

Final investment decisions for Mero 1 (start-up expected next year) and Mero 2 (start-up expected in 2023) floating production storage and offloading (FPSO) facilities have already been taken.

The Mero-3 FPSO is expected to commence operation in the first half of 2024.

Each FPSO will have a capacity to process up to 180,000 bpd of oil.

Last month, DOF Subsea secured a marine operations turnkey contract with respect to a decommissioning project by FPSO operator Teekay Petrojarl.