Petrobras, SBM Offshore Sign LoI for Giant Búzios Field FPSO

Share:

February 25, 2021
For illustration - An FPSO in Brazil - Credit: Ranimiro

For illustration - An FPSO in Brazil - Credit: Ranimiro

Brazilian oil giant Petrobras has signed a letter of intent with Dutch FPSO supplier SBM Offshore for the delivery of an FPSO to be deployed in the Búzios field in the Santos Basin, offshore Brazil.

SBM Offshore will be responsible for the engineering, procurement, construction, installation, and operation of the FPSO, to be named the FPSO Almirante Tamandaré. The contract for the lease and operation is for 26.25 years. 

The FPSO will be built using SBM Offshore's Fast4Ward program which includes a new build, multi-Purpose Floater hull combined with several standardized topsides modules. SBM Offshore’s fourth Fast4Ward MPF hull has been allocated to this project.

The FPSO will be the largest oil-producing unit operating offshore Brazil and one of the largest in the world, with a daily processing capacity of 225,000 barrels of oil and 12 million m3 of gas. 

The FPSO will have a water injection capacity of 250,000 barrels per day and a minimum storage capacity of 1.4 million barrels of crude oil. The FPSO will be spread moored in approximately 2,000 meters water depth. Delivery of the FPSO is expected in the second half of 2024.

Bruno Chabas, CEO of SBM Offshore, commented: "SBM Offshore is proud to announce that Petrobras has awarded the Company the LOI for the 6th FPSO development in the world-class Búzios field in Brazil."

The project foresees the interconnection of 15 wells to the FPSO, being 6 oil producers, 6 water and gas injectors, 1 gas injector, and 2 convertible wells, through a subsea infrastructure composed of rigid production and injection pipelines and flexible service pipelines.

The news comes a day after Reuters reported that SBM Offshore was the sole bidder for another FPSO job with Petrobras, the Mero-4.

No comments

More Popular Posts

About Crude Oil Facilitators

Crude Oil Facilitators are dedicated global brokers and facilitators of crude oil buying and selling. We work directly with crude oil buyers and crude oil sellers worldwide. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the brokering of crude oil and other petroleum products buying and selling.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Facilitators, click here ». To learn more about Crude Oil Facilitators, click here


Crude Oil Facilitators