-- Seatrium Limited (“Seatrium” or “the Group”) is pleased to announce today the impending delivery of the PETROBRAS 78 (P-78) - the first of a series of turnkey Floating Production Storage and Offloading vessels (FPSO), to Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras).
The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard, marking a significant and timely milestone. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with an impressive production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day, and a storage capacity of 2 million barrels of oil. The P-78 will rank among the largest in the global operating fleet of FPSOs.
Mr Chris Ong, Chief Executive Officer, Seatrium said, "We take great pride in delivering the first of the series of Engineering, Procurement and Construction (EPC) FPSO to Petrobras. As a leader in providing sustainable offshore energy and infrastructure assets, Seatrium is committed to supporting Petrobras in their efforts to reduce carbon emissions from their floating production units. Our long-standing partnership with Petrobras in their decarbonisation journey spans five other FPSO projects, each showcasing innovative sustainability features. We look forward to building on our strong track record of performance, leveraging our seamless One Seatrium Global Delivery model to continue delivering safe and high-quality vessels that meet the evolving demands of the industry."
Through its One Seatrium Global Delivery Model, the company collaborates with industry leaders for worldwide project execution leveraging its global footprint to transcend geographic boundaries. Seatrium’s global teams have fabricated the topside modules weighing an impressive 54,000 MT across its shipyards in Singapore, China and Brazil, in addition to the integration and commissioning works of the P-78 FPSO in Singapore. Upon completion, the P-78 will transit to the Buzios field, where Seatrium will conduct the final phase of offshore commissioning works.
Ms Renata Baruzzi, Executive Officer for Engineering, Technology and Innovation, Petrobras said, “The FPSO P-78 is more than just the largest and most complex unit ever built for Petrobras — it is a testament to how far we’ve come. This vessel embodies the highest standards of construction and commissioning quality, integrating a wealth of new specifications and hardearned lessons from the Replicantes and Cessão Onerosa FPSO series. In many ways, the P-78 is the culmination of over 15 years of Petrobras’ legacy in building and operating FPSOs in the Pre-Salt region — a legacy now sailing into the future.”
Seatrium has a strong track record of delivering vital projects for Brazil and Petrobras, including FPSOs, floating production units, Floating Storage Regasification Units, drilling rigs, and accommodation vessels, all pivotal to Brazil’s robust energy infrastructure.
Beyond its technical impact, the P-78 FPSO project is also a major contributor to the Brazilian oil and gas sector, supporting increased national oil production and generating thousands of local job opportunities. By executing a substantial portion of the work in Brazilian shipyards, the project promotes local content development, workforce training, and long-term skills enhancement.
FPSO P-78 sailing to Buzios field in Brazil. Photo Credit: Seatrium
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About Seatrium Limited
Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types.
The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation.
As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators.
Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.
Discover more at www.seatrium.com.
For more information, please contact:
Mr Winston Cheng
Head, Investor Relations and Corporate Communications
Tel No: +65 68637367
Email: winston.cheng@seatrium.com
Ms Clarissa Ho
Senior Manager, Investor Relations and Corporate Communications
Tel No: +65 6803 0276
Email: shufang.ho@seatrium.com
Release ID: 89164903
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