It's on us. Share your news here.

Subsea7 secures “super major” contract from Petrobras for Búzios 9 field offshore Brazil worth over $1.25 billion

Posted on June 3, 2024

(WO) – Petrobras has awared Subsea7 a “super major” contract for the development of the Búzios 9 field approximately 180 km offshore Rio de Janeiro, Brazil, at 2,000 m water depth in the pre-salt Santos basin. According to an online statement from Subsea7, the offshore award is worth over $1.25 billion.

The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 km of rigid risers and flowlines for the steel lazy wave production system.

Project management and engineering will commence immediately at Subsea7’s offices in Rio de Janeiro and Paris. Fabrication of the pipelines will take place at Subsea7’s spoolbase at Ubu in the state of Espirito Santo, Brazil, and offshore operations are scheduled to be executed in 2026 and 2027.

Yann Cottart, Vice-President Brazil said: “This new award strengthens our diverse portfolio of projects in Brazil and affirms our position as a trusted contractor of Petrobras. Subsea7 looks forward to continuing this strong, collaborative relationship as we work together to successfully deliver the Búzios 9 project.”


It's on us. Share your news here.
Submit Your News Today

Join Our
Click to Subscribe