# Petrobras awards $2.3 billion P-79 FPSO contract to Saipem and DSME joint venture

Petrobras signed a $2.3 billion EPC contract with a Saipem and DSME joint venture to supply the P-79 FPSO for the Buzios field in Brazil's Santos Basin, with delivery scheduled for 2025.

- Type: Contract
- Announced: 2021-06-11
- Where: Buzios field, Santos Basin, Brazil
- Value: $2.30B
- Status: announced
- Capacity: 180,000 barrels of oil per day
- Products: FPSO platform
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [DSME](https://endata.com/companies/1204.md) (supplier)
- [Saipem](https://endata.com/companies/1847.md) (supplier)
- [Petrobras](https://endata.com/companies/2820.md) (customer)

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/petrobras-orders-2-3-billion-fpso-from-saipem-and-koreas-dsme/), 2021-06-11: "Brazilian oil and gas major Petrobras has signed a contract with a joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.