

In May, 2025, BW Energy has announced its final investment decision (FID) to develop the Maromba oil field, located about 100 kilometers off the coast of Brazil in the Campos Basin. This move marks a significant step in the company’s offshore expansion strategy in South America.
The Maromba field, which BW Energy acquired from Petrobras in 2019, will be developed in two phases. The first phase includes drilling six horizontal production wells targeting the Maastrichtian reservoir. These wells will use dry-tree completions and electric submersible pumps to ensure stable production. A modified jack-up rig will act as the wellhead platform, offering up to 16 well slots.
Crude production will be processed through the refurbished FPSO BW Maromba (formerly FPSO Polvo), featuring a production capacity of 65,000 barrels of oil per day and storage for up to 1 million barrels. The second phase will involve drilling additional wells to explore and develop other reservoir zones.
BW Energy estimates the total investment for the Maromba project at around $1.5 billion, including $1.2 billion for the initial development phase and $300 million for follow-up drilling.
The Maromba project also presents a valuable opportunity to utilize advanced materials such as clad plates, which are composed of a carbon steel base bonded with a corrosion-resistant alloy layer—typically stainless steel, titanium, or nickel-based alloys.
In offshore developments like Maromba, clad plates can serve several critical functions:
The integration of clad materials can significantly lower long-term operational costs, improve safety, and support sustainability goals by reducing the frequency of part replacement and maintenance.
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Fugo Tech is focused on the manufacturing of clad metal plate and distributes the Stainless Steel, Titanium, Nickel Alloy, Zirconium and other non-ferrous metal pipes, fittings, flanges, and fasteners.