Petrobras’ FPSO and Drilling Vessel Move to Their Locations (Brazil)

PETROBRAS’ FPSO, the P-58 and the SS-88 TAD drilling support vessel (Tender Assisted Drilling) are on their way to their respective locations in Parque das Baleias and Papa Terra. The P-58 left the Honório Bicalho shipyard in Rio Grande (RS) where it was converted along with 15 modules being integrated to the unit.

The platform is expected to reach the Parque das Baleias complex in the Campos Basin within six to eight days, depending on sea conditions.

The 88 – TAD submersible platform, built at Dalian Shipbuilding Industry Company-DSIC, in China, and Superior Derrick Services-SDS, in the U.S. is coming to Brazil and is expected to arrive in January 2014.

FPSO P-58 (which produces, stores and offloads oil) can process 180,000 barrels of oil daily as well as six million cubic meters of natural gas from pre and post-salt reservoirs.

Together with other Petrobras projects, building the P-58 consolidates the expansion of the Brazilian shipping industry. Work generated about 4,500 direct jobs, 13,500 indirect jobs and reached 64% local content. The 15 modules were built in Brazil as well as the hulls converted and the unit integrated.

As part of the Federal Government Program to Accelerate Growth (PAC), the platform is among nine new units that will be delivered to the Company in 2013. The launching ceremony for the P-58 took place at Honório Bicalho Shipyard on Nov. 08 in the presence of President of the Federative Republic of Brazil, Dilma Rousseff, and the Petrobras CEO, Maria das Graças Silva Foster.

SS-88 TAD Will be anchored alongside the P-61 platform, has a modularized drilling package that will be set up on the deck of the P-61 platform. The SS-88 TAD will supply energy, provide accommodation, store drilling fluid and support systems to enable wells to be drilled from the P-61 platform.

PETROBRAS, December 5, 2013

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