Talks underway between Petrobras, SBM on deepwater Sergipe FPSOs

SBM offered the lowest prices during a bidding process, said Anjos, but still above what the state-run oil firm had planned for. Having SBM build the two ships would help with optimization, lowering their cost, she added.

The tender, to build up to two floating production storage and offloading (FPSO) vessels, is part of Petrobras' plans to develop an oil and gas field in the Sergipe state in northeast Brazil, but the projects have been repeatedly delayed.