The FPSO, named P-80, is scheduled for completion in the first half of 2026. It is the second FPSO that Keppel will be building for Petrobras for the Buzios field in Brazil. An earlier contract to build another FPSO, the P-78, is being executed.
Keppel Corp has won a US$2.9 billion ($4.97 billion) contract from Petrobras to build a floating production, storage and offloading vessel (FPSO).
Petrobras, Brazil's state-owned oil company, is a longtime customer of Keppel Corp,
