Orseal extend their FPSO portfolio with major contract gains in Brazil
Floating production, storage and offloading (FPSO) systems are showing sustained global growth with more than 30 FPSO projects set to pass final investment decisions during 2019 – 2021 and Orseal are expanding their presence in this field, having recently competed delivery on the first of their valve package contracts for Libra MV31 in Brazil.
Actuated ball valve c/w controls
A Dutch company established by MODEC, MV31 has a long-term charter agreement with Petrobras for the deployment of the FPSO, as leader and operator of the Libra consortium. Chartered for 22 years and named FPSO Guanabara MV31 the FPSO will be deployed in 2021 at the Mero field, located in the Libra block in the giant “pre-salt” region of the Santos Basin, approximately 180 kilometres off the coast of Rio de Janeiro and at a water depth of approximately 2,100 metres. Liaising with their client and with their own supply chain in the face of global competition, Orseal secured the valve package contract for this FPSO project, the first of several contracts to be fulfilled by Orseal for MV31.
FPSO Guanabara MV31 will be capable of processing 180,000 barrels of crude oil per day, 424 million standard cubic feet of gas per day, 225,000 barrels of water injection per day, with a storage capacity of 1,400,000 barrels of crude oil. MODEC is responsible for the engineering, procurement, construction, mobilisation, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems. Through their Special Projects Division, which undertakes customised valve design and manufacture, Orseal supplied valves ranging in size from ½” to 8”, both manual and actuated. Super duplex valves, with class ratings from 150 to 600, the package included ball, butterfly, globe and swing check valves, c/w 100% NDE/NDT to all the valves and ball and butterfly valves fitted with pneumatic spring return actuators and full controls. All actuated valves were carefully mounted on the valve with full functional testing as required by the client whose personnel carried out all inspection with Orseal Special Projects experts on-hand to address any questions and answer to the products’ capabilities and specifications. The full document package was thoroughly checked and reviewed for compliance and, after inspection, the relevant valves were painted to the client’s specifications, with delivery to their premises in China, on time and to their exact specification.
Brazil is considered by many analysts to be a major force in the expansion of the FPSO market and Petrobras has spending plans of more than $80 billion between 2019 – 2023, with nearly $70 billion allocated to exploration and production. In light of this, Champak Fakira, contracts and sales director at Orseal, comments,
“The competition for this contract was very tough and it’s a testament to Orseal’s track record that we were selected – both for this and for the forthcoming deliveries we have scheduled in Brazil and China. For large projects such as these, we carry out full pre-delivery inspection services at the supplier’s site – working globally – ensuring that when our client receives their goods there will be no major setbacks with their own planned delivery. As part of a global supply chain on large-scale projects, our expertise in the oil and gas sectors and the range of products we offer set us apart from our competitors and it is gratifying to see this belief reflected in significant contracts such as these FPSO projects.”