Petrobras Secures Major Contract for Offshore Platforms

In a significant development for the energy sector, Petroleo Brasileiro SA, commonly known as Petrobras, has secured a substantial contract for the development of two new offshore oil and gas platforms. This announcement, made on June 10, 2025, highlights the company’s ongoing expansion and modernization efforts in Brazil’s offshore oil fields.

The contract was awarded to ABB, a renowned industrial conglomerate, which will supply electrical equipment and automation solutions for the project. The specialized vessels, known as floating production, storage, and offloading (FPSO) units, are being constructed by Seatrium, a Singapore-based shipbuilding company. These units, named P-84 and P-85, are set to operate in the Atapu and Sépia offshore oil fields, located approximately 200 kilometers off the Brazilian coast.

A key feature of this project is the implementation of a full-electric concept, marking a technological milestone for Petrobras. This innovative approach utilizes electric drives and compressors to enhance the efficiency of power generation, achieving a capacity of up to 165 megawatts. Additionally, the project will employ a novel offshore configuration of circuit breakers designed to prevent equipment damage during short circuits.

The delivery of ABB’s systems is scheduled to be completed by 2027, although financial details of the deal have not been disclosed. The FPSO units are expected to process up to 225,000 barrels of oil daily, underscoring the scale and ambition of Petrobras’s offshore operations.

This contract not only signifies Petrobras’s commitment to advancing its technological capabilities but also reinforces its position as a leading player in the global energy market. As the company continues to invest in cutting-edge solutions, it aims to enhance its operational efficiency and environmental sustainability in the face of evolving industry challenges.

Petrobras Overview

Petroleo Brasileiro SA, or Petrobras, is a Brazilian energy giant specializing in oil, natural gas, and energy sectors both domestically and internationally. Listed on the Frankfurt Stock Exchange, the company boasts a market capitalization of approximately €37.79 billion. With a price-to-earnings ratio of 8.04929, Petrobras remains a significant entity in the energy industry, focusing on innovation and sustainability in its operations.