The venture, known as MV32 B.V., recently negotiated a 21-year long-term charter agreement with Petrobras.
The FPSO Almirante Barroso MV32 will be spread-moored in 1,900 m (6,233 ft) water depth at Búzios, 180 km (112 mi) offshore Rio de Janeiro, in 2022.
Its main features will include:
Oil processing capacity: 150,000 b/d
Gas processing capacity: 212 MMcf/d
Oil storage capacity: 1.4 MMbbl.