Dutch SBM Offshore Completes Funding for FPSO Project Alexandre de Gusmão in Brazil
SBM Offshore, a group of companies headquartered in the Netherlands, announced the signing of an agreement to finance the Alexandre de Gusmão FPSO project for a total of $1.615 billion.
SBM Offshore designs, builds, installs and operates offshore platforms for the oil and gas industry.
The project is financed by a consortium of 12 international banks with insurance coverage from 3 international export credit agencies (ECA).
FPSO Alexandre de Gusmão will have a processing capacity of 180,000 barrels of oil and 12 million m3 of gas per day. The estimated greenhouse gas (GHG) emission intensity of the FPSO floating platform will be in the range of 8-12 kgCO2-eq/bbl. AD
FPSO Alexandre de Gusmão is owned and operated by SBM Offshore (55%) and its partners (45%).
FPSO Alexandre de Gusmão will be deployed in the Mero field located in the Santos Basin, approximately 160 km offshore from Rio de Janeiro in Brazil, under a 22.5-year lease and operation agreement with Petroleo Brasileiro SA (Petrobras).
The combined Mero field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré- sal Petroleo SA – PPSA (3.5%).
