Petrobras postpones to June 2024 the final deadline for bid proposals the Sergipe Aguas Profundas FPSOs

(PN) Changes in the Petrobras bidding calendar that foresees the contracting of two platform ships (FPSOs) for the Sergipe Aguas Profundas Project (SEAP). The state-owned company once again postponed the deadline for receiving proposals. When they were released last year, the notices predicted that the deadline for receiving proposals would be October 14th. Afterwards, Petrobras extended the date to January 15th. Now, the state-owned company has extended the deadline to June 14th.

According to a source , the new deadline could give more companies time to prepare to participate in the competition. Furthermore, the extra period will also make it easier to find financing alternatives of this size.

The two FPSOs will have the capacity to produce 120 thousand barrels of oil per day. The SEAP-I unit will be capable of processing 12 million cubic meters of natural gas per day, while SEAP-II will be able to process 10 million cubic meters of gas per day. For the SEAP-1 platform, the national content required will be 40%. For the SEAP-II unit, the local content will be 30%. The two platforms must be chartered to Petrobras for a period of 7,762 days.

As a reminder, the first attempt for the SEAP I platform ended unsuccessfully. The competition was held using the so-called BOT (build-operate-transfer) model. In this modality, the winning bidder builds and operates the ship for an initial period and, subsequently, transfers the plant to the oil company. Ocyan made the only proposal in the process, but negotiations with Petrobras did not progress.

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