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AlwaysFree: Petrobras Will Only Build Part of Oil Platforms In Brazil

Author: SSESSMENTS

According to Reuters article published on May 8, 2023, Petrobras will not do all of its shipbuilding work in Brazil, a top executive said, dashing industry hopes the state-controlled oil firm would review its awarding process to spur job creation.

Steel groups, shipping unions and 14 other organizations which backed the election of President Luiz Inacio Lula da Silva are pressing the government for more made-in-Brazil contracts from Petrobras.

The president has said in speeches Petrobras would “reactivate the oil and gas industry”, and “resume building ships” in the country.

Petrobras will help revitalize Brazil’s shipbuilding industry by awarding more contracts locally to dismantle old oil platforms and to build topside modules for new vessels, but not to build hulls or entire platforms, engineering head Carlos Travassos told Reuters.

“No country does the entire FPSO,” Travassos said in Houston, using the acronym for the floating platforms able to store and offload oil.

Tags: AlwaysFree,Brazil,Crude Oil,English,Latin America

Published on May 9, 2023 2:41 PM (GMT+8)
Last Updated on May 9, 2023 2:41 PM (GMT+8)