Press Release – Petrobras to recycle offshore unit in Brazil for the first time
Petrobras, the major Brazilian energy company, has achieved a significant milestone in its new commitment to sustainable ship recycling with the successful conclusion of the auction for the disposal of a floating offshore platform in Brazil.
The sale of the floating unit P-32, which has operated in the Marlim field of the Campos Basin, took place on 7 July 2023. In a collaboration supervised by Petrobras, the steel company Gerdau S.A. and shipyard Ecovix have been entrusted with the responsible and environmentally sound recycling of the platform.
Over the next five years, Petrobras is expected to retire at least 26 units, with a projected investment of US$ 9.8 billion allocated towards decommissioning activities. Just a few months ago, the oil and gas giant announced the adoption of a new policy mandating the recycling of vessels only in facilities equipped with dry-docks or impermeable surfaces with drainage systems. This off the beach stance places the company among an increasing number of responsible ship owners, including competitors SBM Offshore and Shell, that are choosing facilities with infrastructure enabling the safe and environmentally sound management of their end-of-life assets.