Petrobras clarifies: due to costs, Petrobras reduces top side and capex of FPSO Búzios 12

Regarding the note published at 1:55 p.m., Petrobras clarifies that the changes in the construction of the 12th platform to be installed in the Búzios field (Búzios 12), due to cost reduction, are in fact limited to the size of the top side and Capex, and not to the capacity, which was already projected at 180 thousand barrels per day. Below is the new version.

The cost reduction announced by Petrobras to face the change in the oil price level will reduce the top side and capex planned for the 12th FPSO platform for the Búzios field, which has already received a unit with capacity for 225 thousand barrels of oil per day (bpd) this year and will receive three more of the same size in 2027, which were already ordered.

The new FPSO that will be ordered for Búzios 12 – and will be included in the company's new 2026-2030 Business Plan – will be able to export natural gas and will have 180 thousand bpd, the same volume as the P-78, the new platform (Búzios 6) for the field, which the state-owned company's Director of Engineering, Technology and Innovation, Renata Baruzzi, will seek in China.

“Búzios 12 will be 180 thousand and we will still streamline it, to optimize and produce in the same way”, said Anjos, highlighting that the company’s mantra has always been to do better with less.

In the case of the P-78, for the first time Petrobras will bring the platform already manned, to go directly to the Búzios field, which will anticipate production – a common practice among other oil companies, according to Anjos, after participating this Wednesday, the 14th, in the 3rd edition of the Brazil Epicenter Global FPSOs, in Rio de Janeiro.

“We are absorbing the good practices of those who come from outside, with the manned platform for the site”, explained the executive.

The Búzios field, in the pre-salt layer of the Santos Basin, is the company's biggest bet to increase production, in addition to the Brazilian Equatorial Margin, whose exploration has been extended year after year. Búzios is close to surpassing the Tupi field, until now the company's largest producing field, but which is beginning to decline.

In the Monthly Production Bulletin of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), Tupi recorded, in March, a total production of 780 thousand barrels of oil per day (bpd), against 715 thousand bpd of Búzios. If natural gas is taken into account, Tupi closed March with 1 million barrels of oil equivalent per day (boed) and Búzios, with 912 thousand boed.