![Petrobras Awards Subsea7 a Large Contract Offshore Brazil](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/05/petrobras-awards-subsea7-large-contract-offshore-brazil.jpg?itok=0f02mvJW)
Offshore operations are scheduled to be begin in 2026 and 2027. (Source: Shutterstock)
Petrobras awarded Subsea 7 with a contract for the development of the Búzios 9 field offshore Brazil, Subsea 7 announced May 29.
Located 180 km off the coast of Rio de Janeiro, in water depths of 2,000 m, the field is the ninth out of 11 total developments planned at the massive Buzios field.
Related: TotalEnergies FIDs Two Developments Offshore Brazil
The scope of the contract, which is valued at over $1.25 billion, includes the 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 take place at Subsea 7’s offices in Rio de Janeiro and Paris, while fabrication of the pipelines will take place at Subsea 7’s spoolbase in Espirito Santo, Brazil.
Offshore operations are scheduled to be begin in 2026 and 2027.
Recommended Reading
Exxon Mobil Keeps Its Options Open in Guyana and Globally
2024-05-23 - Exxon Mobil Guyana Ltd.’s President Alistair Routledge said the company is seeking resources offshore Guyana that compete financially within its portfolio.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
2024-04-25 - The final phase of Chevron’s project will produce about 260,000 bbl/d.
Chevron, Total’s Anchor Up and (Almost) Running
2024-05-07 - During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.
BPX Looks to Ramp US Production Over 60% by 2030
2024-05-16 - BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.