FPSO Cidade Angra dos Reis: contract extension

Petrobras has formalized amendments to the charter and service provision contracts for the FPSO Cidade de Angra dos Reis with Tupi Pilot and MODEC. Under the new agreement, the vessel will remain operational until 2030, when decommissioning is expected to begin.

Operating in the Tupi field, Santos Basin, the FPSO has been a cornerstone of Brazil’s pre-salt exploration since 2010. It was the first large-capacity unit deployed in the region and currently produces approximately 50,000 barrels per day (bpd).

This development highlights the strategic importance of the Santos Basin, a key driver of Brazil’s offshore production. And with developments constantly unfolding, there’s more to come—stay connected for the latest updates!