Petrobras orders huge floating production setup from Keppel

Keppel O&M is hired to build a new production vessel worth USD 2.9bn for oil company Petrobras.

Photo: Edgar Su/Reuters/Ritzau Scanpix/REUTERS / X90125

Singapore-based Keppel Offshore & Marine is contracted by Brazilian state-owned oil company Petrobras to build one of the world’s largest floating production, storage and offloading (FPSO) vessels.

The order is worth USD 2.9bn, Keppel reports in a statement. The company is already working on another FPSO project for Petrobras.

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