Itapu FPSO Tender Is Canceled; Petrobras Closes Deal With Shell and Petrogal for the Purchase of FPSO P-71 for 353 Million Dollars

Written by Flavia Marinho

Published on 28/10/2020 at 07:44

Petrobras diz que, por conta da nova alocação do FPSO P-71, a licitação de afretamento da plataforma que atenderia ao projeto de Itapu será cancelada

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Petrobras Says That, Due to the New Allocation of FPSO P-71, the Bidding for Chartering the Platform That Would Serve the Itapu Project Will Be Canceled

Petrobras informed in a relevant fact, yesterday (10/27) that it finalized, after negotiations with its partners in the BM-S-11 Consortium, Shell Brasil Petróleo and Petrogal, the purchase of the P-71 platform, which will allow for the advancement of the first oil from the Itapu field by about a year. It was also agreed upon the development of a new Development Plan for the Tupi field, where the FPSO would originally be used.

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Petrobras’s estimated disbursement for the transaction will be US$ 353 million, corresponding to the partners’ share in the P-71.

In the announcement, Petrobras states that the P-71 platform, which is in the final phase of construction at the Jurong shipyard in Espírito Santo, has a production capacity of 150 mbpd and will be allocated to the Itapu field.

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Itapu FPSO Tender Is Canceled; Petrobras Closes Deal With Shell and Petrogal for the Purchase of FPSO P-71 for 353 Million Dollars

Petrobras Says That, Due to the New Allocation of FPSO P-71, the Bidding for Chartering the Platform That Would Serve the Itapu Project Will Be Canceled

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Itapu FPSO Tender Is Canceled; Petrobras Closes Deal With Shell and Petrogal for the Purchase of FPSO P-71 for 353 Million Dollars

Petrobras Says That, Due to the New Allocation of FPSO P-71, the Bidding for Chartering the Platform That Would Serve the Itapu Project Will Be Canceled

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