The engineering, procurement and construction (EPC) bidding process for the P-83 floating production, storage and offloading (FPSO) unit has been concluded by Petrobras. The company has awarded the contract, worth approximately US$2.8bn, to Keppel Offshore & Marine.
This year, Keppel O&M had already been awarded an EPC contract for the P-80 FPSO by Petrobras, from which P-83 is a repeat order. Both will feature identical specifications and go through the same construction process.
The manufacture of P-83’s topside modules will take place in Keppel O&M’s facilities in Singapore, China and Brazil. Works related to the hull and accommodation module, meanwhile, will be carried by CIMC Raffles in China.
After the integration phase is complete in Singapore, Keppel O&M will handle the final commissioning activities after the unit arrives in Brazil.
The new agreement adds about US$2.65bn to the contractor’s order book, which now totals over US$8bn.
The vessel will be delivered in the first half of 2027 at the Búzios field, in the pre-salt section of the Santos Basin. The FPSO is expected to be one of the largest in the world: it’s estimated to have 225,000 barrels per day (bpd) of production capacity, 250,000 bpd of water injection capacity, 12 million cubic meters of gas processing per day and 2 million barrels of oil of storage capacity.
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