The most visible failure by locals involves the Petrobras orders for four floating production, storage and offloading vessels for the Buzios field in the Santos basin, covered by a highly politicised transfer of rights.

The Odebrecht-led Enseada consortium had record-breaking overruns in trying to convert the four units while renovating a local shipyard.

As a consequence, Techint and, to a lesser extent, the EBR shipyard consortium are facing heavy carryover on their topside integration projects for the P-76 and P-74 FPSOs.

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