The FPSO Project, Named “Almirante Tamandaré,” Had Its Financing Agreement Concluded by SBM Offshore and Will Have a Production Capacity of 225 Thousand Barrels of Oil per Day
The new SBM Offshore oil production FPSO project had its financing concluded by the company in the last week of March, with an amount of no less than US$ 1.63 BILLION, provided by a consortium of 13 international banks, which secured the deal with insurance coverage from 4 international export credit agencies. Within the exorbitant financing amount for the FPSO project are included 5 items, as well as a post-completion maturity of 14 years for the credit lines and a weighted average cost of debt of 6.3%, according to the Portos e Navios website.
The SBM Offshore FPSO project will be implemented in the Búzios Field in the Santos Basin, approximately 180 kilometers off the coast of Rio de Janeiro. The FPSO will be on a lease period of 26.25 years in operation with Petrobras, according to the contract made between the companies. Currently, Petrobras is operating the Búzios field in partnership with CNODC and CNOOC.
The SBM Offshore FPSO will be the largest oil producer in Brazil, incorporating the new multi-purpose hull Fast4Ward, which is a leader in SBM’s industry. The new FPSO will be capable of producing up to 225 thousand barrels of oil and 12 million m³ of gas per day. Additionally, the FPSO is sustainable to some extent, as it will emit a greenhouse gas intensity below 10 kgCO2e/boe1 and will feature technologies that reduce gas emissions, such as closed flare, which increases gas utilization, preventing it from being burned in the atmosphere.
-
While the world felt the pinch of rising oil prices, oil companies pocketed at least $23 billion extra from the crisis in Ormuz.
-
Oil plummets more than 10% and the market turns upside down after Iran opens Hormuz and eases fears about the main route in the Gulf.
-
Petrobras robots confirm the presence of hydrocarbons in the pre-salt of the Campos Basin at a depth of 2,984 meters, in a new exploratory well located 201 km off the coast of Rio de Janeiro.
-
A Canadian study detects record methane emissions and reveals that abandoned oil wells pollute up to 1,000 times more than expected.
More About Oil: Urgent! Oil and Gas Exploration in the Mouth of the Amazon River Is Planned by the President of Petrobras and the Project May Conflict with the Environmental Protection of the Current Government
The president of Petrobras, Jean Paul Prates, announced that the state-owned company plans to explore oil and gas in the mouth of the Amazon River. In the video released, Prates argues that the first well Petrobras intends to drill is 500 km from the mouth of the Amazon River, the same distance that separates Rio de Janeiro from São Paulo.
“Drilling the first oil exploration well will be a temporary job, expected to last only 5 months. In nearly 7 decades of history, we pride ourselves on never having recorded a spill or blowout during offshore drilling activities. With the results of the investigation and drilling phase, society will have the right to know the real potential of this area, and from there we will deepen the debate on whether or not to continue the project”, says the president of Petrobras. Check more by clicking here.

Seja o primeiro a reagir!