Petrobras(US:PBR) Sou Hu Cai Jing·2026-01-11 05:08Core Insights - Petrobras has released its strategic plan for 2026-2030, focusing on updating the next FPSO in the offshore market [1] - The FPSO P-78 is a key project in the Búzios oil field, expected to start production in December 2025, contributing to Petrobras's goal of increasing daily oil production to 1.6 million barrels over the next decade [3][4] - The FPSO P-79, a sister project to P-78, is set to begin operations in early 2026, with similar production capacity and a different construction strategy [6][7] - FPSOs P-80, P-82, and P-83 are planned for 2027, each with a production capacity of 225,000 barrels per day and a focus on reducing carbon emissions [11] - The FPSO Raia project, expected to be operational by 2028, will include a gas export capacity of 16 million cubic meters per day [10][15] - FPSOs P-84 and P-85, scheduled for 2029 and 2030, will be the largest in Petrobras's history, with a daily processing capacity of 225,000 barrels of oil [17][19] - The SEAP FPSOs I and II contracts were officially approved in 2025, marking a significant step in the revitalization of the Sergipe state industrial sector [37][38] Summary by Category FPSO Projects - FPSO P-78 is the sixth project in the Búzios field, with a production capacity of 180,000 barrels per day and gas processing of 7.2 million cubic meters per day [4] - FPSO P-79, a direct sibling to P-78, will also have a capacity of 180,000 barrels per day and is set to sail from Korea in November 2025 [6][7] - FPSOs P-80, P-82, and P-83 are designed for high productivity, each with a capacity of 225,000 barrels per day and a focus on carbon emission reduction [11][12] - FPSO Raia will serve as a floating gas processing platform with a significant gas export capacity [15] - FPSOs P-84 and P-85 will be the largest FPSOs in Petrobras's history, with a focus on gas export capabilities [17][19] Strategic Developments - Petrobras's strategic plan emphasizes the need for innovation and sustainability in its FPSO projects, including the integration of carbon capture and utilization technologies [21][22] - The company is shifting to a BOT (Build-Operate-Transfer) model for new projects to enhance ownership and operational efficiency [26][37] - The SEAP FPSOs represent a significant investment in the Sergipe region, with a focus on local workforce reintegration and economic sustainability [38]