Petrobras P78 – tunrkey model

Seatrium has officially reinforced that Petrobras contracted the FPSO P-78 under a full turnkey model — a first for the Brazilian operator in FPSO development. While common in the O&G sector, turnkey contracts remain rare for FPSOs, making this case especially notable.

Under this model, the contractor is fully responsible for the entire project lifecycle: engineering, procurement, construction, integration, testing, commissioning and final delivery of a fully operational Floating Production Storage and Offloading unit. Petrobras, as the client, will simply “turn the key” to begin operations.

The FPSO P-78 recently departed Singapore and is en route to Brazil, where it will be installed at the Búzios field in the pre-salt Santos Basin. The platform is scheduled to start production in 2025, with a capacity of up to 180,000 barrels of oil and 7.2 million cubic meters of natural gas per day.

The unit is part of Petrobras’ pre-salt expansion strategy. By the end of 2027, the company expects to deploy four additional FPSOs in the Santos Basin: P-79, P-80, P-82 and P-83.

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