Did you know Brazil is set for a significant offshore transformation?
Seventeen new Floating Production, Storage and Offloading units (FPSOs) are projected to commence operations between late 2025 and 2030.
These pivotal projects will be driven by five major oil and gas players: Petrobras, Equinor, BW Energy, Shell and Brava Energy, signaling a period of intense growth and strategic investment.
Currently, Brazil has 73 production units in operation, including recent additions like the FPSO Maria Quitéria (Yinson), Alexandre de Gusmão (SBM) and Almirante Tamandaré (SBM), which began work this year.
With the imminent exploration of the Equatorial Margin and a growing market demand for more sustainable solutions, this number is naturally expected to increase.
Moreover, approximately 50% of the national FPSO and semi-submersible fleet is already considered obsolete, signaling a heated market for these critical assets in Brazilian waters and highlighting the urgent need for infrastructure modernization. These insights reveal a sector in constant evolution, demanding strategic attention to navigate its complex dynamics.
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