Petrobras Inks Deal For 7th Búzios Unit

(Petrobras, 10.May.2021) — Petrobras signed a contract with Keppel Shipyard Limited to build the P-78, the seventh unit to be installed in the Búzios field, in the Santos Basin pre-salt area. With processing capacity of 180 thousand barrels of oil per day and 7.2 million cubic meters of gas per day, the platform is of the FPSO type, a floating unit that produces, stores, and transfers oil. It is scheduled for delivery in 2024.

The supply of the FPSO will result from the EPC (engineering, procurement and construction) contracting modality and from Petrobras’ strategy of developing new projects for its own platforms, incorporating the lessons learned from the FPSOs already installed in the pre-salt, including contracting and construction aspects. The contract foresees compliance with the local content of 25%, with services to be executed in Brazil through partnership or subcontracting of national companies. The local content index is a requirement set in the public pre-qualification and committed to by the ANP for the Transfer of Rights surplus of the Búzios field.

The project foresees the interconnection of 13 wells to the FPSO, 6 of them producers and 7 injectors, through a subsea infrastructure composed of rigid production and injection pipelines and flexible service pipelines.

Búzios

The Búzios field, discovered in 2010, is the largest deep-water oil field in the world. It is a world-class asset, with substantial reserves, low risk, and low lifting cost. It should reach the end of the decade with daily production above 2 million barrels of oil equivalent per day, becoming the Petrobras asset with the highest production.

Currently, there are four units operating in Búzios, which account for more than 20% of Petrobras’ total production. The fifth and sixth platforms (FPSOs Almirante Barroso and Almirante Tamandaré) are under construction, and the eighth and ninth units (FPSOs P-79 and P-80) are in the contracting process.

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