TotalEnergies has awarded a contract to Aker Solutions to provide the subsea production system for the Lapa South-West oil project in the Santos basin, offshore Brazil.
Under the contract, Aker will provide tools and all related engineering, procurement, construction, and installation (EPCI) interfaces for the field development.
The scope of the contract includes up to three subsea trees and control systems, tie-ins, structures and subsea umbilicals, and associated equipment and installation work.
Aker will also provide EPCI interface management, in partnership with Saipem Brazil, and control system upgrade of the existing Lapa South West subsea trees.
The firm plans to work immediately, with deliveries scheduled from Q1 2024 until the fourth quarter of the same year.
Aker Solutions Subsea business executive vice-president and head Maria Peralta said: “The Brazilian offshore market is becoming increasingly diverse with regard to work scope and customer opportunity.
“We look forward to extending our long-standing relationship with TotalEnergies, as representatives of Lapa JV, to the Brazilian market and to further enhance the hydrocarbon potential of Brazil.”
Aker Solutions did not disclose the value of the contract, but termed it sizeable, which means it could be worth between Nkr500m and Nkr1.5bn ($50.4m and $151.2m).
TotalEnergies operates the Lapa South-West oil field, situated approximately 300km off the Brazilian coast, with a 45% stake.
Shell owns a 30% stake while Repsol Sinopec holds the remaining 25% interest.
Estimated to cost $1bn for development, the field is planned to be developed as a subsea tie-back to the existing Lapa Floating Production Storage and Offloading (FPSO) unit, which is located 12km away.
The Lapa South-West field, which is scheduled to start production in 2025, is expected to increase the Lapa field’s production by 25,000 barrels of oil per day (bopd) to 60,000bopd.