Subsea 7 has landed what it describes as a “super-major” contract worth over $1.25bn with Brazil’s Petrobras.
The deal will see the Oslo-listed offshore services player work on the Búzios 9 field development, located some 180 km off the coast of Rio de Janeiro in the pre-salt Santos basin.
The work 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 be carried out from Subsea 7’s offices in Rio de Janeiro and Paris.
Fabrication of the pipelines will take place at the company’s spool base at Ubu in Espirito Santo, Brazil, and offshore operations are scheduled to be executed in 2026 and 2027.
Energy News Beat