SBM OFFSHORE N.V. RECEIVES LETTER OF INTENT FOR LEASE FPSO FOR BRAZIL'S GUARÁ NORTE FIELD FROM

SBM OFFSHORE N.V. RECEIVES LETTER OF INTENT FOR LEASE FPSO FOR BRAZIL'S GUARÁ NORTE FIELD FROM PETROBRAS

ID: 57147

(Thomson Reuters ONE) -


1.     FPSO for Brazil pre-salt area

SBM Offshore N.V. is pleased to announce that one of its Affiliates and Queiroz
Galvão Óleo e Gás S.A. (QGOG), have received two Letters Of Intent (LOI), one
from GUARA BV and one from BM-S-9 Consortium, established by the companies
PETROLEO BRASILEIRO S.A. - PETROBRAS (Operator, 45%), BG E&P BRASIL LTDA (30%),
and REPSOL SINOPEC BRASIL S.A. (25%) for a twenty year charter and operation of
an FPSO for the Guará Norte development in the pre-salt area, offshore Brazil.

The Guará Norte field is located in block BM-S-9 in the Santos basin at
approximately 300 kilometres offshore and 2,300 metres water depth. The FPSO
will include topside facilities to process 150,000 bpd of production fluids,
associated gas treatment for 6,000,000 Sm(3)/d with compression and carbon
dioxide removal, hydrogen sulphide removal, and a water injection facility for
180,000 bpd.

It is the intention that the unit will be owned and operated by a consortium in
which SBM Offshore's shareholding will not be less than 49.5% and not exceed
62.25%.

The project schedule foresees delivery of the FPSO in 35 months from LOI.

The non-discounted total of the revenues payable under this contract to the
consortium, excluding escalation and bonus, amounts to approximately US$ 4.5
billion.
Contact person:      Mr. Sebastiaan de Ronde Bresser



Telephone: (+377) 92 05 85 15

Mobile: (+33) 643 919 312

Fax: (+377) 92 05 89 40

E-mail: sebastiaan.derondebresser(at)sbmoffshore.com

Website: www.sbmoffshore.com




To see the full version of this press release please click on the link below:






SBM Offshore Press Release:




http://hugin.info/130754/R/1537629/469448.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: SBM Offshore N.V. via Thomson Reuters ONE

[HUG#1537629]


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Bereitgestellt von Benutzer: hugin
Datum: 11.08.2011 - 07:31 Uhr
Sprache: Deutsch
News-ID 57147
Anzahl Zeichen: 2627

contact information:
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Die Pressemitteilung mit dem Titel:
"SBM OFFSHORE N.V. RECEIVES LETTER OF INTENT FOR LEASE FPSO FOR BRAZIL'S GUARÁ NORTE FIELD FROM PETROBRAS"
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SBM Offshore N.V. announces that Mr. Dick van der Zee will retire and leave the Board of Management on 31 December 2009. Mr. van der Zee joined SBM Offshore (formerly IHC Caland N.V.) in 1996 as Managing Director of subsidiary Company IHC Gusto ...

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