FPSO Cidade de Saquarema Sails Away after Module Integration at Rio Yard

Tuesday 24 May 2016

FPSO Cidade de Saquarema has departed the BRASA shipyard quayside and is heading offshore Brazil, following a record turnaround time for its module integration. Taking just over four months (from first lift to quayside departure), the experience gained on standardization and repeatability of the proven formula on twin vessel Cidade de Maricá – which achieved first oil in February – is now paying dividends with a gain in schedule.

Having arrived mid-December 2015 at the BRASA shipyard, Cidade de Saquarema, is bound for the Lula field to commence its 20-year lease and operate contract. Following the successful EPC phase, the project team now hands over to SBM Offshore’s Installation and Operations teams. Following first oil for Cidade de Saquarema, SBM Offshore’s operated Brazilian fleet will total seven FPSOs, with a total capacity of 870,000 BOPD.

“Fast-tracked, this latest milestone represents a huge achievement for SBM Offshore in-country. Operating in Brazil since 1997, the market is very important to us and we are totally committed. Currently, units designed and/or owned by SBM Offshore are responsible for approximatively 20% of the country’s national oil production. The Group and its partner have invested in the development of BRASA to build and integrate FPSO modules and in the training of the national workforce at the yard, in the Rio office and onshore bases. We are very well-positioned to meet future demand and accommodate local content requirements. After the successful start-up of production SBM Offshore’s Operations look forward to operating Saquarema over the coming 20 years,” says Oliver Kassam, SBM Offshore Managing Director in Brazil.

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