Cost Engineering & Project Controls · FPSO
Pedro Sotomayor, PMP®
Industrial Engineer with 15+ years across Oil & Gas project controls, cost engineering, contracts, and procurement — currently a Senior Cost Engineer in an FPSO division, building EPC and O&M cost bases for Petrobras tenders.
Earlier: integrated planning for FPSO P-68/P-71 at Jurong Shipyard (now Seatrium), contracts and procurement for FPSO Ilhabela at SBM Offshore, and business development for NDT and inspection services serving Petrobras and MODEC.
This site is where I write up the parts of that work worth sharing publicly: how FPSO costs actually compare across contract models, what public benchmark data does and doesn't tell you, and the methodology questions that come up when you're the one building the numbers, not just reading them in a report.
Start here
Every FPSO Offshore Brazil
44 units and 17 companies: field, operator, contract model, contractor, first oil and status — every figure sourced.
Cost BenchmarkingWhy $/Ton Comparisons Break
Eighteen FPSOs, and the ~9–15% spread that survives even the cleanest matched comparisons.
EPC / EPCCSeven Turnkey Contracts
One contractor family, five of seven hulls, and the tightest spread in the whole dataset.
BOT & CharterWhy the Number Isn't a Price
Bundled multi-year value versus a one-time price — and a ~36% spread once normalized by term.
Local ContentA Strategy Comparison
Sister hulls, same buyer, same day — and a five-point gap in local content floor.
Industrial CapacityBrazil's FPSO Moduleiros
Who actually built what, and why the country's two largest yards sit idle.
Supply ChainThe Vendor Landscape
~150 packages, nine disciplines, and the handful of vendors that carry the real risk.
Market StructureField Operators vs FPSO Owners
Two different maps of "who's active" — the company that operates the field, and the one that owns the vessel.
Competitive LandscapeContractor Track Records
Nine companies profiled on founding, fleet, and public record — Seatrium to Shapoorji Pallonji's SP Energy.