Markets KBR

KBR Bags Contracts For Seatrium's FPSO Projects In Brazil

(RTTNews) - KBR Inc. (KBR), a science, technology, and engineering solutions provider, said on Tuesday that it has bagged engineering contracts from Seatrium Group to develop topsides facilities for two new high-production, energy-efficient floating production storage and offloading or FPSO units.

The units are being designed for Petrobras' Atapu and Sepia fields in the Santos Basin, Brazil.

Under the terms, KBR will provide Seatrium with detailed engineering services and technical engineering procurement support for the topsides of P-84 and P-85 FPSOs, which are part of Petrobras' new generation of FPSO platforms.

Each will be capable of producing 225,000 barrels of oil per day and compressing, treating, and re-injecting 10 Mm³ of gas per day.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available