Petrobras opened today the envelopes with the proposals to build their own P-78 and P-79 FPSOs. The Keppel / Hyundai consortium presented the lowest price in Petrobras’ bid for the construction of the P-78, the oil company’s own FPSO that will be used in the Búzios project. Three Korean shipyards submitted proposals and participated in the tender.
See the price proposals submitted to the bidding commission of the oil company:
1st Keppel (Hyundai) – R $ 12,521,821,104.00
2nd Daewoo – R $ 14,107,992,912.00
3rd Samsung – R $ 15,146,522,280.35
The challenges are known to be enormous. The main reason is that the bidding is in a Turn Key format. Korean companies will take Petrobras’ engineering and execute only the project. It is a purely shipyard job.
The shipyards that participated in the bid never made a project in Brazil. The Chinese have already done it same as the ones in Singapore. Now the time has come for the Koreans to undergo these challenges, already knowing that Petrobras will not accept claims. Let’s see what happens.
Brazil Energy Insight 
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