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Attention: Petrobras Announces the Hiring of 3 New FPSOs with High Likelihood of Being Built in Brazil

Written by Paulo Nogueira
Published on 15/11/2017 at 07:55
Estaleiro com embarcações fpso
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The Market Received This News from Petrobras with Great Expectations for Job Creation and Shipyard Reactivation

[supsystic-social-sharing id=’1′]A Petrobras has just released news that no one expected, catching the market by surprise navy and offshore. Pedro Parente has just announced the hiring of 3 new FPSOs for 2018. The state-owned company stated that one of the bids has already begun and will be aimed at the Búzios field. The other two will be directed to the Marlim asset, located in the Campos Basin, and the other will go to the Parque das Baleias in the Espírito Santo Basin.

If these vessels are built on national soil, it will be a symbol of recovery for the chain of Brazilian suppliers and/or those operating in the country in the oil segment. Parente also points out that these new offshore units make up the Business Plan for the period 2018-2022. The amendment of this plan will still be made before the end of 2017, according to the president of Petrobras.

The budget team, based on current market prices, indicates that each unit will cost around US$ 1 billion. The state-owned company also stated that investments for next year will be significantly higher compared to 2017. This comfort from Petrobras to make these investments is also due to the profit of R$ 266 million in the 3rd quarter of this year, a clear sign that the policies adopted by Pedro Parente are having some practical effect.

In practice, this could represent a breath of hope for the naval industry and the recovery of some shipyards. For professionals who have spent their whole lives working in this area and are now idle due to market stagnation, this statement from Parente may change this scenario.

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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