Company intends to issue tender for work on FPSO for Block 29 where Polok and Chinwol discoveries are located
Spanish energy giant Repsol has confirmed it will open up a competition between contractors for the floating production, storage and offloading vessel for its Block 29 project in Mexico.
Repsol has an exclusivity agreement in place for the existing FPSO OSX-1, which it aims to redeploy on Block 29 hosting the Polok and Chinwol oil discoveries.
The front-end engineering and design work has been completed by BW Offshore, and Repsol now intends “to launch a new tender for a contract to lease and operate the OSX-1 FPSO”.
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