Japanese groups enter Búzios FPSO partnership

Jan. 25, 2022
Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha have acquired interests from SBM Offshore in companies created to lease and operate the FPSO Almirante Tamandaré.

Offshore staff

MONACO – Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha have acquired interests from SBM Offshore in special-purpose companies created to lease and operate the FPSO Almirante Tamandaré.

SBM will remain the majority shareholder (55%) in the vessel, which will operate at the Búzios field in the presalt Santos basin, 180 km (112 mi) offshore Rio de Janeiro, under a 26.25-year lease contract.

First oil is due in the second half of 2024.

01/25/2022