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October 12, 2020

For further information, please contact:

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

LOC Brazil awarded MWS contract on MERO 1 project

LOC Brazil, a subsidiary of LOC Group, the premier international marine and engineering consulting firm, is pleased to announce it has been awarded a contract, by TechnipFMC in Brazil, to provide Marine Warranty Survey (“MWS”) services.

Under the terms of the agreement, LOC will provide MWS services for the offshore transportation and installation of infrastructure relating to the subsea systems and production facility for the MERO 1 offshore oil field project.

The scope of work includes the installation of rigid lines, infield risers and flowline system, for interconnecting 13 wells to the field’s FPSO, umbilical’s and other subsea equipment. The work will include documentation review of planned operations, surveys during load outs and suitability surveys of all vessels, which will be used in the marine operations.

The Mero 1 project is part of the wider Mero field development offshore Brazil. The field is located in the north western area of the original Libra Block, in the Santos Basin, at water depth of c.2,100m. Libra is considered one of the largest oil discoveries in Brazil’s pre-salt area. Oil was first produced from the area in 2017.

Libra Consortium is led by Petrobras –with a 40% interest –in partnership with Shell Brazil (20%); Total (20%), CNODC (10%) and CNOOC Limited (10%). The Consortium also has the participation of the state-owned company Pré-Sal Petróleo SA (PPSA) as manager of the Production Sharing Agreement.

The project is scheduled to commence in 2021 and completed by the end of Q1 2022.

Wagner Rodrigues, at LOC Brazil, commented:

“LOC Brazil are delighted to be awarded this contract at the MERO 1 field. At water depths of 2,100m, this is a challenging project but we are well placed to be able to provide the scope of work under the agreement, given the skill set of the team in country and our ability to draw on expertise across the wider LOC group. This contract is important to consolidate LOC´s leadership position in providing MWS services in Brazil in the eve of the upcoming acceleration of investments in offshore oil production, and reflects our ever-expanding reputation in the South America energy market”

 

*Photo reference: generic photo from Shutterstock.