[Brazil] Búzios 6 - FPSO Almirante Tamandaré

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escveritas
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[Brazil] Búzios 6 - FPSO Almirante Tamandaré

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SBM Offshore awarded Letter of Intent for FPSO Almirante Tamandaré lease and operate contract by Petrobras

February 25, 2021
SBM Offshore is pleased to announce that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25 years lease and operate contract for the FPSO Almirante Tamandaré, to be deployed at the Búzios field in the Santos Basin approximately 180 kilometers offshore Rio de Janeiro in Brazil.

Under the contract, SBM Offshore is responsible for the engineering, procurement, construction, installation and operation of the FPSO. SBM Offshore will design and construct the FPSO Almirante Tamandaré using its industry leading Fast4Ward® program as it incorporates the Company’s new build, Multi-Purpose Floater (MPF) 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 daily processing capacity of 225,000 barrels of oil and 12 million m3 of gas. Furthermore, 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. This award for one of the largest production units in the world demonstrates the trust placed in our ability to reliably deliver large-scale FPSOs and the agreement again confirms the significant value we bring to our clients with our industry leading Fast4Ward® program. SBM Offshore teams look forward to starting the execution phase in order to continue to deliver value to one of our key clients Petrobras”.
escveritas
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Re: [Brazil] Búzios 6 - FPSO Almirante Tamandaré

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TechnipFMC Awarded Large EPCI Contract by Petrobras for Búzios 6 Field

NEWCASTLE & HOUSTON, January 24, 2022 — TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) subsea Engineering, Procurement, Construction and Installation (EPCI) contract by Petrobras for its Búzios 6 field (module 7), a greenfield development in the pre-salt area.

The contract covers flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “We are excited to announce this award, which demonstrates the continuing strength of the subsea market in Brazil and our collaborative relationship with Petrobras. We used our deep understanding of the client’s needs to arrive at technological solutions developed specifically for the Buzios 6 field.”

The flexible pipe, umbilicals and subsea structures, as well as some of the rigid pipe, will be manufactured in Brazil using skills and competencies the Company has developed in-country, while minimizing the carbon footprint associated with transportation and installation. The project will also utilize our established and qualified Brazilian supply chain.

(1) For TechnipFMC, a “large” contract is between $500 million and $1 billion.
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