SBM Offshore Secures Two FPSO Contracts from Petrobras in Brazil
SBM Offshore has been selected by Petrobras to design, construct, and operate two floating production units (FPSOs) for the SEAP-I and SEAP-II fields in the Sergipe-Alagoas Basin, Northeast Brazil. The two vessels are scheduled for delivery in 2030 and 2031 respectively.
Two FPSOs for Brazilian Oil and Gas Production
The contracts involve the design, construction, and operation of two FPSOs based on SBM Offshore's Fast4Ward platform. The FPSO SEAP-II (P-87), expected to be delivered in 2030, is designed to produce 120,000 barrels of oil per day, with an associated gas processing capacity of 425 million standard cubic feet per day and a water injection capacity of 120,000 barrels per day. It will operate about 80 kilometers offshore, anchored in waters approximately 2,500 meters deep. The FPSO SEAP-I (P-81), scheduled for 2031, will also be designed for 120,000 barrels of oil per day, with a gas processing capacity of 355 million standard cubic feet per day and a water injection capacity of 200,000 barrels per day. It will be located near SEAP-II, about 100 kilometers from the coast, also in waters of 2,500 meters.
Operation by SBM Offshore for a Minimum of 6.5 Years
The consortia led by Petrobras will own the two FPSOs. SBM Offshore will handle the operation and maintenance of each unit for an initial period of 6.5 years under separate operation and maintenance contracts. The two vessels will be connected to an export pipeline that facilitates the direct transportation of gas to the coast. This setup allows the associated gas produced offshore to be transported onshore for commercial use, supporting Brazil's gas supply while minimizing flaring and offshore reinjection.
Advancements in Offshore Gas Treatment
The integration of gas treatment and export facilities on board the FPSOs marks an advancement in the design of SBM Offshore's floating units, simultaneously enhancing gas and oil production. Øivind Tangen, CEO of SBM Offshore, stated that this selection reaffirms the company's long-term commitment to Petrobras and that the teams are fully committed to the success of these projects.
