Petrobras to decommission second FPSO under green recycling initiative - Upstream Online
Petrobras to decommission second FPSO under green recycling initiative | Upstream Online
Brazil’s Petrobras has launched a tender for the sale of the P-33 floating production, storage and offloading vessel in the Marlim field in the Campos basin to undergo green recycling in the South American nation.
Local steelmaker Gerdau, in partnership with Brazilian shipyard group Ecovix, won the bidding in July for the dismantling and green recycling of the P-32 FPSO, which was also operating in the Marlim field.
The new tender for the P-33 will follow the same parameters of the P-32 that inaugurated a new phase in the Brazilian decommissioning industry, potentially representing an opportunity for the country to establish itself in the segment of sustainable vessel recycling.
The P-33 sale notice also makes mandatory the use of a dry dock for green recycling, with the work set to be carried out in a Brazilian shipyard.
Interested companies will have until 16 October to qualify to participate in the tender, with commercial bids scheduled for 20 November starting at a minimum price of 3 million reais ($606,000).
Petrobras will also be responsible for delivering the P-33 FPSO to the shipyard indicated by the winning bidder.
The P-33 is one of several platforms being decommissioned from the ageing Marlim field to make room for two new floaters — Anna Nery and Anita Garibaldi — that are already producing to revitalise operations at the Campos basin development.
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Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”