Oil & Gas
SBM Offshore Inks LOI for FPSO Almirante Tamandaré
SBM Offshore has signed a Letter of Intent with Petróleo Brasileiro SA Petrobras for a 25 years lease and operate contract for the FPSO Almirante
SBM Offshore has signed a Letter of Intent with Petróleo Brasileiro SA Petrobras for a 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 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.