TechnipFMC Awarded Contract for Libra Consortium's Mero 2 Project in Brazil
August 20 2020 - 2:14AM
Dow Jones News
By Cecilia Butini
TechnipFMC PLC Thursday said it was awarded a contract for
engineering, procurement, construction and installation at the
Libra Consortium's Mero 2 project in Brazil.
The French energy company said the contract, which is valued
between $500 million and $1 billion, will cover work at the
offshore pre-salt Mero field in the Santos Basin, Brazil at 2,100
meters deep. The project is set to start in 2022, the company
said.
The contract was awarded by Petroleo Brasileiro SA, head and
operator of the Libra Consortium, which also include oil companies
Shell Brasil Petroleo Ltda. and Total SE.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
August 20, 2020 01:59 ET (05:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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