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TechnipFMC-Tracerco Ink a Deal to Deliver Profiler Technology
FTITechnipFMC(FTI) ZACKS·2025-01-22 11:36

Group 1: Contract Award and Project Overview - TechnipFMC has awarded a contract to Tracerco for the installation of Profiler measurement and control solutions for Petrobras' Mero 3 High-Pressure Separator pilot project in Brazil [1][2] - The HISEP project is part of the Mero field development, located 180 kilometers off Rio de Janeiro, focusing on separating oil from CO2-rich gas and reinjecting the gas into the reservoir for sustainability [3][5] - Petrobras operates the oil-rich field with a 38.6% interest, while partners Shell Brasil and TotalEnergies hold 19.3% each, and CNPC and CNOOC hold 9.65% each [4] Group 2: Technology and Efficiency - Tracerco's Profiler technology has been reengineered for efficient operation in subsea environments, providing real-time and high-resolution measurements of water, oil, and gas phases [6] - The Profiler is the only subsea-qualified separator and process control measurement system capable of separation at the liquid level or oil/water interface level, with about 750 units installed globally [7] Group 3: Economic and Sustainable Impact - The deal enhances Tracerco's global presence and is expected to create up to 10 new jobs in the local economy while delivering sustainable benefits [8]