The FSTP consortium, composed of Technip and Keppel FELS, has been awarded a contract by Petrobras worth approximately $1.2bn for the engineering, procurement and construction of the P-56 semi-submersible platform, capable of processing up to 5.2 million m3 of natural gas per day.

The platform will be installed in the Marlim Sul oil field in the Campos Basin, in 1,700 m waterdepth and based on the design of the existing P-51 platform, will weigh 50,000 tons and be one of the largest in the world.

Scheduled for delivery in the fourth quarter of 2010, it will have a processing capacity of 100,000 barrels of oil and 5.2 million m3 of natural gas per day.

Technip's operating center in Rio de Janeiro will be responsible for the engineering of the topsides, while transportation and offshore mating will be supervised by Technip's operating centre in Paris, France. The consortium will undertake procurement activities from its offices in Rio de Janeiro, with a contractual target of 60% local content.

This contract marks a new step in the longstanding and fruitful collaboration between Technip and Petrobras in Brazil, where Technip owns strategic resources, including a flexible pipe manufacturing plant and marine assets.