Petrobras has awarded a major contract valued in excess of US$750M to Subsea 7 for the development of the Búzios 8 field in the presalt Santos basin
The work scope of the contract covers engineering, procurement, fabrication, installation and precommissioning (EPCI) of about 126 km of rigid risers and flowlines, 98 km of flexible lines and 88 km of umbilicals and associated infrastructure, as well as installing floating production, storage and offloading (FPSO) mooring lines and hook-up.
Project management and engineering will commence immediately at Subsea 7’s offices in Rio de Janeiro and Paris. The pipelines will be fabricated 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.
Subsea 7 vice-president Brazil Daniel Hiller said the Búzios 8 contract would reinforce Subsea 7’s “strong, collaborative relationship” with Petrobras.
Located 180 km off the coast of Rio de Janeiro in 2,000 m of water, the Búzios 8 field is being developed with the FPSO-79, which will have the capacity to produce 180,000 barrels per day of oil and 7.2M cubic metres per day of gas.
Daewoo Shipbuilding and Marine and Saipem are building the FPSO, with commercial operations set to start in 2025.
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