The contracts involve the fabrication and integration of topside modules on the floating production storage and offloading vessels (FPSO) P-66 and P-69.

After completion, P-66 will be deployed to the Guara field and P-69 will work in the Tupi field in offshore Brazil, with each having a production capacity of 150,000 barrels of oil per day (bopd).

As part of the agreement, Petrobras has an option for a similar contract to be exercised by 2014 first quarter. Keppel FELS Brasil parent company is Keppel Offshore & Marine (Keppel O&M).

Keppel O&M chief operating officer Chow Yew Yuen said the company is supporting Petrobras in growing their fleet of FPSOs, and providing local content to meet their requirements.

FPSOs will have identical work scopes which includes the fabrication and integration of seven topside modules.