Estaleiros do Brasil Clinches FPSO Topsides EPCI from Petrobras

Estaleiros do Brasil Ltda. (EBR), a jointly owned Brazilian company by Toyo Engineering Corporation and SOG – Óleo e Gás S.A. (SOG), a Brazilian engineering company, has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract to install topsides units for an FPSO.

The contract has been awarded from Petrobras Netherlands B.V., a subsidiary of Petróleo Brasileiro S.A. (Petrobras), a Brazilian state oil company.

This FPSO, called P-74, is scheduled to be deployed in 2016 to an offshore oil field located in the pre-salt layer under deep water in the Franco 1 area off the coast of Rio de Janeiro in Brazil.

EBR is primarily engaged in EPCI related to offshore facilities and is constructing yard facilities in Estado de Rio Grande do Sul in the southernmost part of Brazil in line with the policy of “increasing the ratio of local content” promoted by the Brazilian Government and Petrobras. The yard facilities will be used to assemble the modules of the topsides and to integrate them on the hull.

Press Release, May 13, 2013

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