Equinor makes initial contract awards for Brazilian oilfield

Modec

30/01/2020 07:41

OSLO, Jan 30 (Reuters) - Norway's Equinor  EQNR.OL  and its
partners ExxonMobil  XOM.N  and Petrogal Brasil have awarded
engineering contracts for a planned Brazilian oilfield
development, the Norwegian operator of the project said on
Thursday.
    A design contract for a floating oil production and storage
vessel (FPSO) was awarded to Japan's Modec Inc  6269.T , while
seabed systems (SURF) will be planned by the Subsea Integration
Alliance, formed by Subsea 7  SUBC.OL  and OneSubsea.
    A final investment decision for the Bacalhau field, formerly
known as Carcara, will be made later this year, Equinor said.

 (Reporting by Terje Solsvik; editing by David Evans)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))