Petrobras seals eight-hull deal

The LOI authorises the start-up of the procurement services for the eight units and a final contract will be signed after the formal approval of Petrobras’ partners.

Engevix and its Swedish partner GVA emerged as the lowest bidder in the tender for the eight FPSO hulls, with a proposed price of $3.748 billion or about $468 million per hull.
The FPSO units are expected to be employed in the pre-salt Santos basin.