Petrobras considers canceling FPSO tender after high bid, sources say
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Petrobras is contemplating canceling a tender for a production storage and offloading vessel (FPSO) from Shapoorji Pallonji Energy due to a high bid.
February 21, 2025 | 4:00 pm
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Petrobras is considering canceling a tender for an FPSO from Shapoorji Pallonji Energy due to high bid costs, which could impact its operational plans.
The potential cancellation of the FPSO tender suggests operational challenges for Petrobras, as it may need to seek alternative solutions or renegotiate terms, which could delay projects and impact short-term stock performance.
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