Subsea 7 awarded contract offshore Brazil

Subsea 7 S.A. today announced the award of a major¹ contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off the coast of Rio de Janeiro at 2,000 metres water depth in the pre-salt Santos basin.

The contract scope includes engineering, procurement, fabrication, installation and pre-commissioning (EPCI) of approximately 126 kilometres of rigid risers and flowlines, 98 kilometres of flexible lines and 88 kilometres of umbilicals and associated infrastructure, as well as installation of FPSO mooring lines and hook-up.

Project management and engineering will commence immediately at Subsea 7’s offices in Rio de Janeiro and Paris. Fabrication of the pipelines will take place at Subsea 7’s spoolbase at Ubu, Brazil and offshore operations are scheduled to be executed in 2024 and 2025 using one of Subsea 7’s fleet of rigid-reeled pipelay vessels.

Daniel Hiller, Vice-President Brazil said: “We are delighted to have been awarded this contract by Petrobras and we look forward to reinforcing our strong, collaborative relationship as we deliver Búzios 8.”

¹ Subsea 7 defines a major contract as being over USD 750 million.

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