Petrobras acquires two new platforms for offshore exploitation

The Brazilian oil company Petrobras announced that it has signed a contract with the multinational Seatrium O&G Americas to acquire two new offshore platforms to expand production in deepwater areas.

These platforms, P-84 and P-85, are gigantic FPSO units (floating production, storage, and offloading units), which are expected to be operational in 2029 and 2030, the largest company in Brazil said in a statement.

The value of the structures was not disclosed, but they will be used to increase production in Atapu and Sépia, two areas in the Santos Basin, in the deep waters of the Atlantic Ocean, under partnership contracts with the Brazilian state.

These two areas have pre-salt deposits, the exploitation horizon located beneath a two-kilometer-thick salt layer, with gigantic reserves that could make Brazil one of the world's largest crude exporters.

Each of the two new platforms will have the capacity to extract 225,000 barrels of oil per day and 10 million cubic meters of natural gas daily.

The contract stipulates that the platforms will be manufactured in China and Singapore and completed in Brazilian shipyards to meet the requirement of having between 20% and 25% local components and engineering.

The contracts are part of tenders launched by the company to contract six new FPSO platform vessels, two of which, specifically P-84 and P-85, will be incorporated into the company's fleet.