Insights
FPSO & Offshore Project Notes
Written from inside live FPSO tenders and cost estimating work, not from the outside looking in. Public, verifiable data only — anything from an active bid stays where it belongs.
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Cost Benchmarking
Benchmarking FPSO Costs: Why $/Ton Comparisons Break Without Matching Contract Models
Eighteen Brazilian FPSOs — now including the full Mero field cluster — and two comparisons: $/ton (three matched points, 15% spread) and $/bpd (five matched points, a tighter ~9% spread). With Petrobras' forward FPSO pipeline through 2030.
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Cost Benchmarking — EPC/EPCC
FPSO EPC/EPCC Cost Analysis: What Seven Turnkey Contracts Actually Show
Seven EPC/EPCC-contracted FPSOs, six of them from a single contractor family, and the tightest comparison in the whole dataset: a ~9% $/bpd spread across five matched contracts.
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Cost Benchmarking — BOT & Charter
FPSO BOT & Charter Cost Analysis: Why the Headline Number Isn't a Price
Eleven charter and BOT contracts, including the full Mero cluster — why a bundled multi-year value isn't a price, and a ~36% spread once the two comparable charters are normalized by term.
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Contract Strategy — Local Content
Local Content Requirements Across Brazilian FPSOs: A Strategy Comparison
Five tenders, five different local content targets — plus a supplier-by-supplier map of Brazil's local supply chain: structures (Metasa, Brafer), piping (Vallourec, Tenaris Confab, EBSE, TechnipFMC) and equipment (Siemens Energy, Sulzer, WEG, ABB).
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Industrial Capacity — FPSO Moduleiros
Brazil's FPSO Moduleiros: Who Actually Built What, and Why the Two Largest Sit Idle
A yard-by-yard track record — Brasfels built P-51/52/56, QGI delivered four platforms from one yard, Ecovix built Brazil's first fully domestic FPSO hull — and the 28-rig Sete Brasil order that shrank to 4 and left the country's two biggest yards idle. Now with a coastal map and a pros/cons read on all eight yards.
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Supply Chain — Equipment Packages
FPSO Equipment Packages: The Vendor Landscape by Discipline
~150 procurement packages, nine disciplines, and the vendors — Siemens Energy, ABB, Sulzer, TechnipFMC, Kongsberg Maritime — that actually carry the value and schedule risk. Now with an electrical/ automation section and a local-content-at-the-package-level case study.
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Market Structure — Who Operates What
Who's Actually Running Brazil's Offshore Market: Field Operators vs FPSO Owners
Petrobras operates the field. Yinson owns the FPSO producing it. Brava Energia holds the concession. Two different maps — field operators and FPSO owner-operators — constantly talked about as one.
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Competitive Landscape — Contractor Profiles
FPSO Contractors & Bidders: A Track-Record Profile of the Global Field
Nine companies capable of winning the next Brazilian FPSO tender — Seatrium, SBM Offshore, MODEC, Yinson, Saipem, Hanwha Ocean, BW Offshore, MISC, and Shapoorji Pallonji's SP Energy — profiled on founding, fleet, and public track record only.
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Reference
FPSO Glossary and Methodology
EPC vs BOT vs charter, $/ton vs $/bpd, displacement vs topside weight, local content — defined once, plus the five sourcing rules behind every number here and the full dataset as CSV.