SBM Offshore's FPSO Almirante Tamandaré Starts Production Soon
SBM Offshore's Remarkable FPSO Almirante Tamandaré Is Now Operational
SBM Offshore is thrilled to announce the official operational status of FPSO Almirante Tamandaré. Having successfully achieved its first oil and completed an extensive 72-hour continuous production test, this floating production and storage unit was officially on hire as of February 16, 2025.
Understanding FPSO Almirante Tamandaré's Capabilities
FPSO Almirante Tamandaré stands as a giant in Brazil's offshore oil sector, boasting a striking processing capacity of 225,000 barrels of oil per day and an incredible gas processing capability of 12 million cubic meters daily. Its advanced emissions technology ensures that it maintains a greenhouse gas emission intensity below 10 kgCO2e/boe, showcasing a significant leap toward cleaner offshore energy solutions.
Innovation in Emission Reduction
This FPSO is a pioneer in utilizing closed flare technology that harnesses gas, rather than releasing it into the atmosphere. The sustainability measures associated with FPSO Almirante Tamandaré not only enhance its operational efficiency but also underline the commitment of SBM Offshore towards achieving better environmental standards.
Ownership and Contractual Insights
Owned and managed by specialized companies linked to SBM Offshore, with a majority stake of 55%, FPSO Almirante Tamandaré operates under a 26.25-year charter agreement with Petróleo Brasileiro S.A. (Petrobras). This long-term partnership highlights the strategic move to bolster Brazil’s energy infrastructure.
Location and Operational Field
The FPSO has been installed at the Búzios unitized field, located in the Santos Basin—approximately 180 kilometers off the coast. Petrobras manages this field, operating with partners such as CNODC and CNOOC. The collaborative effort in this area marks a significant chapter in Brazil’s oil production landscape.
Company Overview
SBM Offshore is recognized as a leading expert in deepwater ocean infrastructure development. The company is dedicated to the design, construction, installation, and management of offshore floating facilities, contributing significantly to creating cleaner energy options. With a robust workforce of over 7,400 employees worldwide, SBM Offshore innovates constantly to ensure sustainable energy solutions are at the forefront of its endeavors.
The commitment to balancing ocean protection with progress continues to be the cornerstone of the company’s strategy, pushing both technological and operational advancements within the blue economy.
Contact for More Information
For detailed inquiries, please reach out to:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
Phone: +31 (0)20 236 32 36
Email: wouter.holties@sbmoffshore.com
Frequently Asked Questions
1. What is the purpose of FPSO Almirante Tamandaré?
FPSO Almirante Tamandaré serves as an offshore production and storage unit for oil and gas, following successful testing and operational readiness.
2. How does FPSO Almirante Tamandaré contribute to sustainability?
With advanced emission reduction technologies, FPSO Almirante Tamandaré ensures a lower greenhouse gas emission intensity and utilizes gas effectively instead of flaring.
3. Who owns the FPSO Almirante Tamandaré?
The FPSO is owned by companies affiliated with SBM Offshore, with a stake split of 55% to SBM and 45% to its partners.
4. Where is the FPSO located?
FPSO Almirante Tamandaré is stationed at the Búzios unitized field in the Santos Basin, off the coast of Brazil.
5. How can I contact SBM Offshore for more inquiry?
For inquiries, you can contact Wouter Holties at +31 (0)20 236 32 36 or email him at wouter.holties@sbmoffshore.com.
About The Author
Contact Hannah Lewis privately here. Or send an email with ATTN: Hannah Lewis as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
