Petrobras disclosed in late 2012 the bids in a tender covering integration and construction of topsides modules for the P-74 and P-76 FPSOs.

Brazilian shipyard EBR — formed by Toyo Engineering and Setal — finished ahead with a bid of $1.34 billion covering both units.

EBR also submitted individual proposals of $740.8 million each for the P-74 and P-76, placing it in front of the competition as well.

However,