Brazil's Petrobras agrees with Keppel Shipyard on building new FPSO platform

A logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo

SAO PAULO, Aug 15 (Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Monday it has signed a contract with Singapore's Keppel Shipyard Ltd for it to build its new P-80 FPSO platform, which will be installed at the Buzios oilfield.

P-80 will have the capacity to produce 225,000 barrels of oil and process 12 million cubic meters of natural gas per day, the company said in a securities filing. Output is expected to start in 2026.

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Reporting by Gabriel Araujo; Editing by Steven Grattan

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