Seatrium Secures FPSO Newbuild Contracts from Petrobras

Seatrium has won an international tender from Brazil’s Petrobras, acting as operator of Atapu and Sepia consortiums, for the newbuild supply of floating production storage and offloading vessels (FPSO) platforms P-84 and P-85.

With the contracts valued at approximately S$11bln, these FPSOs will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin, some 200 km offshore of Rio de Janeiro in Brazil.

The FPSOs will each have a production capacity of 225,000 barrels of oil per day and gas processing capacity of 10 million cubic meters per day.

Both will incorporate advanced technologies such as zero routine flaring and venting, variable speed drives and measures to control emissions and capture CO2, including an all-electric concept, which focuses on efficient power generation and increased energy efficiency to achieve a 30% reduction in greenhouse gas emissions intensity, Seatrium said.

The construction for the platforms will start in the first quarter of 2025 with the final delivery expected to be in 2029.

Seatrium’s facilities in Brazil, China, and Singapore will manufacture the modules, weighing 60,000 metric tonnes, with the outsourced hull and accommodation transported to Singapore for topside module integration and commissioning.

The FPSO platforms will then be towed to the Atapu and Sépia fields for offshore commissioning.

Seatrium’s current order book includes four other Petrobras FPSO newbuilds, the P-78, P-80, P-82 and P-83.