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Barracuda and Caratinga FPSOs

The largest offshore project ever awarded to a single contractor

Petroleo Brasileiro (Petrobras)/Barracuda & Caratinga Leasing Company (BCLCO)

Compos Basin, Offshore Brazil


Engineering (Detailed Design), Procurement, Construction, Project Management, Installation, Commissioning, Start-up, Operations Support



Project Details

  • The Barracuda and Caratinga Fields are located in the Campos basin offshore Brazil in deepwater.
  • Water depth: 2,950 ft – 3,445 ft (900 m – 1,050 m)
  • The EPIC contract included the construction of the wells; fabrication and installation of flowline and risers, and the construction and installation of two floating, production, storage and offloading vessels (FPSOs).
  • FPSO Storage capacity: 2,000,000 bbl each
  • FPSO Production capacity: 150,000 bopd and 210 mmscfd gas each
  • Hulls were converted in Brazil and Singapore

Project Highlights

  • Reinvigorated local fabrication facilities and capabilities
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