Petrobras to contract two FPSOs for Lula presalt development

Queiroz Galvão Óleo e Gás S.A., together with SBM Inc., has been awarded two charter and service agreements for two new FPSOs for the Consortium BM-S-11, operated by Petrobras.

Offshore staff

LUXEMBOURG – Queiroz Galvão Óleo e Gás S.A., together with SBM Inc., has been awarded two charter and service agreements for two new FPSOs for the Consortium BM-S-11, operated by Petrobras.

The contracts to be signed will establish delivery of the two units by end 2015 and early 2016 forpresalt production at the Lula Alto and Lula Central fields in the Santos basin offshore Brazil.

These units will have 65% of local content and a capacity of 150,000 b/d of oil and 6 MMcm/d (211.9 MMcf/d) of gas.

3/27/2013

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