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Stock impact report

Veolia secures contract to provide desalination technology for Petrobras' FPSOs [Yahoo! Finance]

Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: Yahoo! Finance
This initiative is a move towards more efficient offshore energy production and addresses environmental challenges in Brazil's Santos Basin, a pre-salt reservoir and the largest offshore oil and gas basin in the western South Atlantic. The contract involves project engineering, procurement, equipment supply and installation of water treatment technology for two floating production storage and offloading platforms (FPSOs), P84 and P85. Each FPSO will process 225,000 barrels of oil and ten million cubic metres (mcm) of gas daily, necessitating advanced water management solutions. Veolia's desalination technology will support oil and gas production by injecting treated seawater into reservoirs through sulphate removal units (SRU). The SRU system, featuring ZeeWeed Ultrafiltration and SWSR Series Nanofiltration membranes, is capable of processing 1,960m³ of water per hour for each platform. This technology removes harmful sulphates and other ions, protecting reservoirs and flow Show less Read more
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