On behalf of the Peregrino licence partners, Statoil is awarding a contract to Wood Group to provide four-year operations and maintenance for our two wellhead platforms (Alpha and Bravo) and modification services for both units and the FPSO Peregrino.
The contract’s scope includes offshore services and covers all production processes and equipment except drilling services and introduces a new operating model for the field, as for the first time the company is bundling all these services in one single contract in order to boost integration and simplify the contract management.
“We have decided to group these contracts in line with our corporate strategy of simplification, cost optimization and production efficiency. We have been working closely with Wood Group in Peregrino field and we look forward to strengthening our partnership for the next four years”, says Pål Eitrheim, senior vice president for Development Production International South America and Brazil Country Manager.
Wood Group has been operating the two wellhead platforms since 2009 and has supported the Peregrino project throughout its development.
“The bundling of the contracts will bring significant cost savings to Statoil Brazil, in addition to simplification to our operations. It’s essential to take the best of what the market can offer to us and further strengthen the relationship with our key suppliers”, says Jon Arnt Jacobsen, chief procurement officer of Statoil.
About the Peregrino field
The Peregrino field is Statoil´s first and largest operatorship outside the Norwegian Continental Shelf. It started production on April 2011 and produces today around 90 000 bpd.
The field is located 85 kilometers offshore Brazil in the Campos basin at about 100 metres water depth in licenses BMC-7 and BMC-47. Statoil holds 60% ownership and the operatorship of the field and Sinochem the remaining 40%.
About Statoil
Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway, with approximately 23,000 employees worldwide, and are listed on the Oslo and New York stock exchanges.
About Wood Group
Wood Group is an international energy services company with over $7bn sales. The Group is built on our Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support, and maintenance management services to the oil and gas, and power generation industries worldwide