[Brazil] Petrobras 75 (P 75)

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Petrobras: Agreement Signed for FPSOs P-75 and P-77
September 18, 2013

The agreement for the construction of platforms P-75 and P-77 was signed on Monday (Sept. 16), at Palácio Piratini, in Porto Alegre, with the RIG Consortium, which is formed by Queiroz Galvão, Camargo Correa, and IESA. The ceremony was attended by the President of Brazil, Dilma Rousseff, and Petrobras CEO, Graça Foster.

The President remarked that ten years ago nobody believed that Brazil could have a naval hub. “Rio Grande do Sul now has a naval hub that shows the ability and strength of a policy that decided it was indeed possible to produce in Brazil,” said Rousseff, highlighting the importance of the growth of the Brazilian oil and gas industry supplier chain.

Floating Production Storage and Offloading vessels (FPSOs) P-75 and P-77, with production capacities of 150,000 barrels per day each, will be deployed in Transfer of Rights blocks, in the Santos Basin pre-salt layer, along with two other similar units, the P-74 and P-76. The RIG Consortium will be in charge of building the modules of and integrating both platforms. The work will be done at the Honório Bicalho shipyard, in Rio Grande.

The vessels intended to have their hulls converted to the P-75 and P-77 are at the Cosco Shipyard, in China, undergoing hull preparation services, and are expected to arrive in Rio de Janeiro (RJ) in the second half of 2014, where the conversion works will be performed at the Inhaúma Shipyard. Upon the completion of this step, the hulls will go to Rio Grande. The P-75 is slated to arrive in Rio Grande in the second half of 2015, while the P-77 in the first half of 2016.

The works are expected to create approximately 4,400 direct and indirect jobs at the peak of activities. The contractual domestic content is foreseen to be 65% to 71%.

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Petrobras 75 & Petrobras 77 Towage


P75 departure with Terasea Hawk and Terasea Osprey

With a stellar track record comprising landmark projects such as the INPEX Ichthys FPSO and CPF as well as the Shell Prelude FLNG, POSH Terasea has established itself as the world's leading ocean towage service provider. Recognising our expertise, Brazilian oil giant Petrobras, awarded POSH Terasea with two long-distance ocean towage contracts for its P-75 and P-77 tankers.



Two months prior to departure, POSH Terasea's project management team ("PMT") worked closely with Tranship, Cosco Shipyard and Marine Warranty Surveyor ("MWS") to make all necessary preparations for a smooth sail-away. On May 16, the two nominated 200TBP Anchor Handling Tugs ("AHT"), Terasea Hawk and Terasea Osprey, arrived at Dalian COSCO to prepare for hook-up. Three days later, our AHTs connected with the Floating Production Storage and Offloading ("FPSO") unit and the FPSO was ballasted down for ocean passage.

On the foggy morning of May 20, the convoy departed Dalian and commenced passage to Rio Grande. The approximate distance for overall tow is 12,190 nautical miles, and will take around 67 days at 7.6 knots estimated towing speed.

Terasea Hawk first called at Singapore on June 3 for bunkering and re-supplying while Terasea Osprey continued towing. In less than 24 hours, Terasea Hawk was back with the convoy, releasing Terasea Osprey for port call on 5 June.

With the tug and tow smoothly underway, the FPSOs are estimated to arrive at Rio Grande on August 1 and will operate in Buzios pre-salt field in the Santos basin. The towage of P-75 and P-77 will mark another successful project delivered by POSH Terasea, underscoring again our commitment to service excellence.