Brazilian state-owned energy giant Petrobras has made a final investment decision (FID) for another development in the Sergipe Alagoas Basin off the coast of Brazil. Dutch giant SBM Offshore is in charge of two floating production, storage, and offloading (FPSO) vessels that will enable production from the two approved projects, which will set the stage for a new oil and gas production frontier in the country.

SEAP BM-SEAL- Brazil Sergipe Alagoas Basin Petrobras Nearly Alagoas Basin Sergipe Deepwater Base Implementation Portfolio Production As Christmas Trees Business Plan Agulhinha Oeste Brasil Petr Dutch Illustration