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Brazil's Petrobras in negotiations with SBM over FPSOs for Sergipe deepwater projects

RIO DE JANEIRO, Oct 29 (Reuters) - Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore SBO.AS over two floating production vessels the firm intends to commission for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.

Petrobras hopes to lower costs and speed up delivery of the two vessels, said Sylvia Anjos at the sidelines of the OTC conference in Rio de Janeiro.

(Reporting by Fabio Teixeira)

((Fabio.Teixeira@thomsonreuters.com; +55 21 99603-4782;))

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