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Norwegian energy major Equinor and its partners have awarded two contracts for the $9bn BM-C-33 project in the Campos Basin, off-coast Brazil, to TechnipFMC and Modec.

As per the agreement, TechnipFMC has been contracted to provide integrated engineering, procurement, construction and installation (EPCI) for subsea umbilicals, risers and flowlines (SURF).

According to Equinor, the SURF system will be deployed at a depth of around 2,900m, making it the deepest installation ever.

The contract will also see TechnipFMC deliver Subsea 2.0 tree systems, manifolds, jumpers, rigid risers and flowlines, umbilicals, pipeline end terminations, and subsea distribution and topside control equipment for the project.  

Last July, Equinor awarded TechnipFMC an integrated front-end engineering and design contract for more than $1bn for the BM-C-33 project.

Meanwhile, MODEC, a supplier of offshore floating platforms, has received a sales and purchase agreement to deliver a floating production, storage and offloading (FPSO) unit.

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By GlobalData

As per the terms of the two-phase, lump sum, turnkey contract, the front-end engineering design and EPCI for the complete FPSO will be handled by Japan-based MODEC.

Additionally, for the first year following the FPSO’s maiden oil production, MODEC will provide operations and maintenance services. After that, Equinor intends to operate the FPSO.

To lower the CO₂ intensity, BM-C-33 will deploy combined cycle technology on the FPSO, which is scheduled to be delivered in 2027.

Equinor senior vice-president and country manager for Brazil Veronica Coelho said: “BM-C-33 is a world-class asset in the Brazilian pre-salt Campos area. Brazil is a core growth area for Equinor and the company has ambitions to deepen its presence in the country.

“BM-C-33 will be an important contributor to reach this goal, being a key gas supplier to the domestic market, contributing to industrial development and energy security locally.”

Earlier this week, Equinor and its partners made the final investment decision (FID) for the project.

Equinor has a 35% operational interest in the BM-C-33 project, with Repsol Sinopec Brasil and Petrobras as partners, holding 35% and 30% stakes, respectively.