EBR leads race for P-74 and P-76 floaters prize

New focus: an artist’s impression of EBR’s planned facility at Sao Jose do Norte

Brazilian shipyard EBR has emerged as the front runner for a billion-dollar-plus contract after submitting the lowest bid in a pivotal Petrobras tender that calls for integration work and construction of topsides modules for the P-74 and P-76 floating production, storage and offloading vessels.

EBR — which originated from the association of Japanese company Toyo Engineering Corporation and Brazilian oil and gas player Setal — has proposed the integration of both FPSOs at its shipyard in Rio Grande do Sul state for $1.34 billion.

A consortium made up of Andrade Gutierrez and GDK finished in second place with a joint bid of $1.69 billion, followed by the Quip group, formed by Queiroz Galvao, Camargo Correa and IESA Oil & Gas, with a combined offer of $1.79 billion.

The Technip-Techint alliance presented a solo bid of $899.2 million…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index