Project · Deepwater FPSO · Brazil

SEAP-I and SEAP-II FPSOs (P-81, P-87) — Sergipe-Alagoas basin

Two more Fast4Ward-hull FPSOs entering SBM Offshore's record backlog right as Schiedam engineering ramps up — a multi-year pipeline of FPSO design, procurement and commissioning roles, on top of Jaguar and SBM's other current builds.

Checked by hand against the sources below (2026-10-20).

  1. Engineering (now)
  2. Fabrication (next)
  3. Transport & installation
  4. Hook-up
  5. Commissioning
  6. Operation

Now Engineering (reported: FIDs taken (SEAP-II late 2025, SEAP-I April 2026); SBM engineering and procurement started on both FPSOs (each <25% complete at H1 2026))

Next Fabrication · not announced

Roles Project management & controls · Construction & supervision · QA/QC & HSE · Document control & support · Role groups per phase: our planning assumption from the Crew Forecast model.

Later Operation 2030 (first oil targeted 2030, as reported)

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Their rate stays; our fee goes on top: 20% → 15% → 12%. Open book →

Who works on it as the sources name them

  • PetrobrasOperator / owneroperator, FID holder
  • SBM OffshoreEngineering & designDesign, build and operate contractor. Petrobras-led consortia own both FPSOs; SBM operates under separate initial 6.5-year operations and maintenance contracts.
Kind
Deepwater FPSO
Country
Brazil
Size
Combined oil design capacity 240,000 bopd. SEAP-II/P-87: 120,000 bopd, 425 MMscfd gas treatment, 120,000 bpd water injection. SEAP-I/P-81: 120,000 bopd, 355 MMscfd gas treatment, 200,000 bpd water injection.
Operator
Petrobras
Position
11.00°S 36.30°W, approximate

Sources

  1. SBM Offshore signed contracts for Petrobras' FPSOs SEAP-I and SEAP-IISBM Offshore (company newsroom) · published 2026-05-29 · read 2026-10-20
  2. Petrobras takes FID on SEAP FPSO development in Brazil basinWorld Oil · published 2026-04-14 · read 2026-09-19
  3. Petrobras bringing $12-billion oil & gas project pair to life with SBM Offshore on FPSO duty for bothOffshore Energy · published 2026 · read 2026-09-19
  4. SBM Offshore Half Year 2026 EarningsSBM Offshore (company newsroom / half-year report PDF) · published 2026-08-06 · read 2026-10-20
  5. Petrobras 'dá um passo atrás' na licitação do gasoduto de SEAP para avaliar impactos do gas release, diz BaruzziABEGÁS (republishing eixos) · published 2026-09-29 · read 2026-10-08
  6. Gas release pode atrasar projeto do gasoduto de SEAP, diz Petrobraseixos · published 2026-07-30 · read 2026-10-08
  7. R$ 60 bilhões, duas plataformas e 32 poços: megaprojeto da Petrobras avança em Sergipe, mas gasoduto bilionário fica em esperaClick Petróleo e Gás · published 2026-10-03 · read 2026-10-08
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