SBM Offshore awarded multibillion-dollar FPSO contracts for Petrobras project (PBR:NYSE)
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SBM Offshore awarded multibillion-dollar FPSO contracts for Petrobras project (PBR:NYSE)
SBM Offshore said it was awarded a pair of contracts by Petrobras valued at ~$7.8B for two FPSO vessels to be deployed for the Sergipe Deepwater project in Brazil's Sergipe-Alagoas Basin.
According to the oil company, the FPSO will contribute in a relevant way to the increase of the national production of oil and gas and to the development of a new frontier of production of oil and gas in the Northeast.
Petrobras awards SBM Offshore contracts for two Brazil FPSOs
SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil, supporting a major deepwater oil and gas development with first deliveries planned for 2030 and 2031.
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