DSME, Saipem JV to build eighth Búzios FPSO

June 11, 2021
Petrobras has contracted the Saipem and DSME joint venture to construct the eighth FPSO for the Búzios field in the presalt Santos basin offshore Brazil.

Offshore staff

RIO DE JANEIRO Petrobras has contracted the Saipem and Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) joint venture to construct the eighth FPSO for the Búzios field in the presalt Santos basin offshore Brazil.

The contract is valued at $2.3 billion.

The P-79 will have a capacity to process 180,000 b/d of oil and 7.2 MMcm/d of gas, and store 2 MMbbl of oil. The vessel will be connected to eight producer and six injector wells via a network of rigid production and injection pipelines and flexible service pipelines.

Delivery is scheduled for 2025.

According to Petrobras, the EPC contract terms call for a local content of 25%.

Petrobras is targeting production of more than 2 MMboe/d from the giant Búzios field by the end of the decade. Currently four FPSOs are in operation on the field with three more – the Almirante Barroso, Almirante Tamandaré, and P-78 – under construction. The ninth unit (P-80) is in the contracting process.

06/11/2021