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SBM Offshore Celebrates Successful Deployment of FPSO Alexandre

SBM Offshore Celebrates Successful Deployment of FPSO Alexandre

SBM Offshore's FPSO Alexandre de Gusmão Takes Center Stage

SBM Offshore is excited to share the successful deployment of the FPSO Alexandre de Gusmão, which has recently embarked on its mission to enhance oil production capabilities. Formally on hire as of May 24, 2025, the FPSO achieved first oil after completing an extensive 72-hour production test that paved the way for its Final Acceptance.

Significant Production Capacity

The Alexandre de Gusmão boasts a remarkable processing capacity, capable of handling up to 180,000 barrels of oil daily, along with 12 million cubic meters of gas per day. This impressive capability positions the FPSO as a vital component in the energy production landscape.

Ownership and Operational Structure

Ownership of FPSO Alexandre de Gusmão is shared between special purpose companies affiliated with SBM Offshore, holding 55%, and its industry partners, who own the remaining 45%. This collaborative arrangement underscores the commitment to operational excellence in offshore energy production, as the FPSO will function under a comprehensive 22.5-year charter and operation services contract with Petróleo Brasileiro S.A. (Petrobras).

Strategic Location in the Santos Basin

The FPSO is strategically located at the Mero unitized field in the Santos Basin, approximately 160 kilometers offshore. Owned and operated predominantly by Petrobras, the site hosts partnerships with major players in the industry including Shell Brasil, TotalEnergies, CNPC, and CNOOC, among others. Together, these companies contribute to maximizing the potential of this productive offshore field.

Successful Background on Floating Production Systems

Notably, FPSO Alexandre de Gusmão follows the successful deployment of FPSO Almirante Tamandaré, which has been operational since February 16, 2025. This introduction marks another milestone for SBM Offshore as it continues to implement its Fast4Ward fleet, with this being the fifth FPSO to come online as part of that initiative.

Corporate Overview of SBM Offshore

As a recognized leader in deepwater ocean infrastructure, SBM Offshore plays a pivotal role in transitioning the energy sector towards a more sustainable future. The company's expertise encompasses the design, construction, installation, and operation of floating energy production facilities. Harnessing the skills of over 7,800 employees globally, SBM Offshore emphasizes delivering innovative solutions that balance environmental protection with energy needs.

Future Developments and Financial Outlook

Looking ahead, SBM Offshore continues to focus on enhancing its operational capabilities and expanding its global footprint. The financial calendar indicates key earnings updates and trading insights, confirming the company's transparent approach to investors and stakeholders.

For more detailed information regarding future earnings and updates:

  • Half Year 2025 Earnings: Expected August 7, 2025
  • Third Quarter 2025 Trading Update: Anticipated November 13, 2025
  • Full Year 2025 Earnings: Scheduled for February 26, 2026
  • Annual General Meeting: Planned for April 15, 2026
  • First Quarter 2026 Trading Update: Set for May 7, 2026

Investor Relations Contact

If you have inquiries or require additional details, please contact:

Wouter Holties
Corporate Finance & Investor Relations Manager

Phone: +31 (0)20 236 32 36

E-mail: wouter.holties@sbmoffshore.com

Media Relations Contact

For media-related questions:

Giampaolo Arghittu
Head of External Relations

Phone: +31 (0)6 212 62 333 / +39 33 494 79 584

E-mail: giampaolo.arghittu@sbmoffshore.com

Frequently Asked Questions

What is the capacity of FPSO Alexandre de Gusmão?

The FPSO has a processing capacity of 180,000 barrels of oil and 12 million cubic meters of gas per day.

Who operates the FPSO Alexandre de Gusmão?

The FPSO is owned by companies associated with SBM Offshore and its partners, with SBM Offshore holding 55% ownership.

Where is the FPSO located?

It is situated at the Mero unitized field in the Santos Basin, off the coast of Brazil.

What is the duration of the charter for the FPSO?

The FPSO will operate under a 22.5-year charter and service contracts with Petrobras.

Who are the main partners in the Mero field?

The Mero field is partnered with Petrobras, Shell Brasil, TotalEnergies, CNPC, and CNOOC among others.

About The Author

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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.

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