Petrobras cancels FPSO tender after bid deemed too expensive
Brazil’s state-owned oil and gas giant Petrobras has cancelled a tender for chartering an FPSO for the Barracuda-Caratinga revitalization project. Initially, Petrobras started the contracting process for the FPSO back in the summer of 2023 but it suffered several setbacks and postponements due to a lack of sufficient interest from floater owners. The company required a …
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