REPSOL will receive bids from contractors next week as a contest to supply a floating production, storage and offloading vessel to operate in Mexican waters comes to a head. The project is the development of the deep-water Polok discovery in Mexico's Block 29, where a smaller find called Chinwol is also sited. The tender will lead to the selection of three companies to take part in a design competition covering pre-front end engineering and design work, sources involved in the process told Upstream. The pre-FEED studies will be partly funded by the operator, they added. The pre-FEED phase is expected to last about nine months, after which the selected company will be able to continue with FEED work and sign a 15-year charter to supply and operate an FPSO with the capacity to produce 60,000 barrels per day of oil. The bids - to be submitted on 11 October - will include an indicative price that will be adjusted further down the line. The FPSO is expected to enter production in 2026. The list of suppliers interested in bidding for the Polok FPSO includes Bumi Armada, BW Offshore, Bluewater, Modec International, Altera Infrastructure, MISC and Yinson Holdings.
展开▼
