09:57 AM EDT, 09/05/2024 (MT Newswires) -- KBR (KBR) said Thursday that it has been awarded engineering contracts by Seatrium Group to develop topside facilities for two new floating production storage and offloading, or FPSO, units being designed for Petrobras' (PBR) Atapu and Sepia oil fields in Brazil's Santos Basin.

Financial terms were not disclosed.

Seatrium said in May that it had been awarded two contracts valued at 11 billion Singapore dollars ($8.46 billion) to build the two FPSOs for Petrobras.

KBR said Thursday that the contracts cover engineering and procurement support for the P-84 and P-85 FPSO platforms being built by Seatrium. Each FPSO is estimated to produce 225,000 barrels of oil and process 10 million cubic meters of gas per day.

Petrobras owns a 65.7% stake in the Atapu oil field and 55.3% in Sepia, according to the company's announcement of the deal with Seatrium in May.

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