Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand
They are exploring new ventures just as two major oil vessels set sail for Brazil’s Buzios oil field
Brazil's Petrobras and offshore firm Seatrium are contemplating a partnership to explore offshore natural gas solutions, as both companies prepare to deploy floating production storage and offloading (FPSO) vessels to Brazil's Buzios oil field. Chambriard and Ong made these remarks during a media briefing following the christening of two FPSO vessels, Petrobras 80 and Petrobras 82, which are due to embark for Brazil in September and October respectively.
The vessels, each capable of producing 225,000 barrels of oil and processing 12 million cubic meters of gas daily, are expected to boost the Buzios field's production by 10%, adding 450,000 barrels of oil per day, or roughly 34%. The companies anticipate that such partnerships will enable them to meet the growing demand for natural gas in Asia, a market that Ong noted is experiencing the fastest growth globally.
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