Keppel FELS Brasil S/A has secured two contracts worth a total of about US$950 million from the Petrobras-led consortiums, Guara BV and Tupi BV, for the fabrication and integration of topside modules on the Floating Production Storage and Offloading vessels (FPSO) P-66 and P-69.

As part of the agreement, Petrobras has an option for a similar contract to be exercised by 1Q 2014.

Mr Chow Yew Yuen, Chief Operating Officer of Keppel Offshore & Marine (Keppel O&M), the parent company of Keppel FELS Brasil, said, "We are pleased to be able to support Petrobras in growing their fleet of FPSOs, providing local content to meet their requirements.

Tags: Keppel FELS Limited