Subsea 7 awarded a contract by Petrobas worth more than USD 750million

Photo Credit: Subsea 7

Subsea 7, a company which is involved in the delivery of offshore projects and services for the energy industry, has announced the award of a major contract by Petrobras worth more than USD 750million for the development of the Búzios 8 field, located off the coast of Rio de Janeiro in the pre-salt Santos basin.

Under the contract, the Oslo-listed company will carry out engineering, procurement, fabrication, installation and pre-commissioning (EPCI) of approximately 126 km of rigid risers and flowlines, 98 km of flexible lines and 88 km 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 the company’s rigid-reeled pipelay vessels.

The Vice-President Brazil Mr. Daniel Hiller mentioned that “we look forward to reinforcing our strong, collaborative relationship as we deliver Búzios 8”.

Source: Subsea 7

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