442 views
The P-82 is part of Petrobras’ new generation of production facilities, characterised by their high production capacity and by technologies to reduce CO2 emissions (Photo from Sembcorp Marine)

Sembcorp Marine bags $4.25b FPSO contract from Petrobras

The company won the tender for the Buzios field.

Sembcorp Marine, through its subsidiary Sembcorp Marine Rigs & Floaters, clinched a $4.25b Engineering, Procurement and Construction (EPC) contract from Petrobas to build a P-82 Floating, Production, Storage and Offloading (FPSO) vessel. 

The P-82 is the largest contract secured by Sembcorp Marine from the Brazilian state-owned oil and gas producer.

“The newbuild FPSO will be one of the largest vessels to be deployed in the Buzios field, an ultra-deepwater oil and gas field covering an area of 853 km² in the pre-salt Santos Basin, about 180 km off the coast of Rio de Janeiro, Brazil,” Sembcorp Marine said.

The vessel will be delivered in the first half of 2026 and will begin commercial operations in the same year. It will be the 10th vessel to operate in the pre-salt field, adding a production capacity of 225,000 barrels of oil per day and 12 million cubic meters of gas processing per day. 

The unit will also be equipped with a water injection capacity of 250,000 barrels per day and a storage capacity of two million barrels of oil.
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Singapore, Sweden deepen clean-energy cooperation
The partnership will focus on hydrogen, ammonia, regional power links and high-voltage transmission technologies.

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.