SBM Offshore has secured contracts from Petrobras for two FPSO projects in the Sergipe-Alagoas basin offshore northeastern Brazil.
Under the agreements, SBM Offshore will design, build and operate SEAP-I and SEAP-II. The FPSOs will be owned by consortia led by Petrobras, while SBM Offshore will operate each unit under separate operations and maintenance contracts for an initial period of 6.5 years.
Both FPSOs will be based on SBM Offshore’s Fast4Ward® program, using the company’s 11th and 12th new-build multipurpose floater hulls.
SEAP-II (P-87) will be designed to produce 120,000 barrels of oil per day, with associated gas treatment capacity of 425 million standard cubic feet per day and water injection capacity of 120,000 barrels per day. Delivery is expected in 2030. The unit will operate about 80 kilometers off Brazil’s coast in around 2,500 m of water.
SEAP-I (P-81) will also be designed for 120,000 barrels of oil per day. Its associated gas treatment capacity will be 355 million standard cubic feet per day, with water injection capacity of 200,000 barrels per day. Delivery is expected in 2031. The FPSO will operate about 100 kilometers offshore, also in around 2,500 m of water.
Both FPSOs will be connected to an export pipeline for direct gas delivery to shore. The arrangement is intended to allow associated gas produced offshore to be transported for commercial use in Brazil, while reducing flaring and offshore reinjection.
The integration of gas treatment and export infrastructure will allow the developments to monetize gas alongside oil production. SBM Offshore said the projects also represent further progress in gas treatment onboard its FPSOs.
