SBM Offshore N.V. is pleased to release the following news:
1. P-57 FPSO Contract award
Further to a previous announcement dated 8th of January 2008, SBM
Offshore now advises that the formal contract has been signed with
Petrobras for the turnkey supply of the P-57 FPSO to be installed on
Jubarte field offshore Brazil.
This contract represents a portfolio value of US$ 1.25 billion
inclusive of three years of operating services. It represents a major
step in SBM's business growth as this unit is one size up from
previously supplied or leased FPSOs. The facility will have the
capacity to produce 180,000 barrels per day of oil with total gas
compression of 71 MMscfd.
The FPSO is likely to be converted in Singapore using one of the SBM
VLCC tankers from its inventory - the 'Accord'. Integration of the
topsides is planned to be performed in Brazil in accordance with new
local content requirements.
The delivery of the unit in Brazil, ready for installation, is
planned for end of 2010.
For further information:
SBM Offshore N.V.
Karel Doormanweg 66
3115 JD Schiedam
Post address:
P.O. Box 31
3100 AA Schiedam
The Netherlands
Contact person: Mr. Sebastiaan de Ronde Bresser
Telephone: (+377) 92 05 85 15
Mobile: (+33) 672 214 360
Fax: (+377) 92 05 89 40
E-mail: sebastiaan.derondebresser@sbmoffshore.com
Website: www.sbmoffshore.com
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