SBM OFFSHORE WINS PETROBRAS’ CONTRACT FOR FPSO ALMIRANTE TAMANDARE

SBM Offshore based in Amsterdam, The Netherlands, has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 26.25 years lease and operation of FPSO Almirante Tamandaré. These contracts follow the signing of the binding Letter of Intent as announced on February 25, 2021.
FPSO Almirante Tamandaré will be deployed at the Búzios field in the Santos Basin approximately 180 kilometers offshore Rio de Janeiro in Brazil. SBM Offshore is progressing with the design and construction using its industry leading Fast4Ward program. Delivery of the FPSO is expected in the second half of 2024.
Búzios oil field is a large ultra-deepwater oil field located in the Santos Basin, about 230 km off the coast of Rio de Janeiro, Brazil. Originally named Franco oil field, it was the second largest pre-salt find in the basin since 2007, behind Tupi oil field, which holds between 5 and 8 billion barrels of oil equivalent and is located just south of the Búzios oil field
SBM Offshore’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased floating production systems, with multiple units currently in operation.
As of December 31, 2020, the Company employs approximately 4,570 people worldwide spread over offices in our key markets, operational shore bases and the offshore fleet of vessels.
(Source: SBM Offshore)