Seatrium Limited Wins $11 Billion Contract to Supply Sustainable FPSO Platforms for Petrobras in Brazil

Brazil’s National Oil Company, Petrobras, has recently awarded Seatrium Limited a tender to supply two new floating production storage and offloading vessels (FPSOs) platforms P-84 and P-85 for the Atapu and Sepia fields. These contracts are worth approximately $11 billion and will be used in the Santos Basin, 200 km offshore of Rio de Janeiro.

The P-84 and P-85 FPSOs are part of Petrobras’ new generation of high capacity platforms that prioritize sustainability through innovative technologies. With a production capacity of 225,000 bpd and a gas processing capacity of 10 million Sm3/d, these platforms will incorporate advanced technologies such as zero routine flaring and venting, variable speed drives, and measures to control emissions and capture CO2. In addition, an all-electric concept will improve power generation and energy efficiency, resulting in a 30% reduction in greenhouse gas emissions intensity.

Construction for these FPSOs is set to begin in the first quarter of 2025 with a completion date scheduled for 2029. This project highlights Seatrium’s commitment to responsible and sustainable operations, enhancing operational efficiency while reducing environmental impact.

This article falls under the category of oil and gas news.