SBM Offshore is pleased to announce that its main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil. This follows a thorough review of the Group’s compliance standards by Petrobras, including its compliance department.

A definitive invitation to bid on the Libra FPSO tender requires approval by the partners in the Libra field. SBM Offshore continues to be in active dialogue with the relevant Brazilian authorities.