TechnipFMC has secured a substantial contract from Petrobras to provide subsea equipment for the Búzios 6-9 fields located in the Santos basin offshore Brazil.
The contract, which is worth between $250m and $500m, involves the supply of subsea trees with controls, electrical and hydraulic distribution units, and topside systems.
It also includes installation and intervention support services with rental tooling for phases six to nine of the giant Búzios field.
TechnipFMC plans to commence delivery in the first quarter of 2023.
TechnipFMC subsea president Jonathan Landes said: “The Búzios 6-9 fields are major developments in Brazil, and we are very honoured to support Petrobras in this subsea project, which further strengthens our long-term partnership.
“Sustainability will be at the core of our project delivery. All of the subsea trees will be manufactured at our facilities in Brazil, which are powered entirely from renewable energy sources.”
Earlier this month, Petrobras awarded a $2.3bn contract to a joint venture (JV) of Saipem and Daewoo Shipbuilding & Marine Engineering (DSME) to deliver a floating production storage and offloading (FPSO) in the Búzios offshore field.
Scheduled for delivery in 2025, the P-79 FPSO will have the capacity to process 180,000 barrels of oil per day and 7.2 million cubic metres of gas per day. It will be the eighth unit to be installed in Búzios field.
Discovered in 2010, the Búzios field began production in 2018 through the P-74 FPSO. There are three more FPSOs operating at the field.
By the end of this decade, the field is expected to have a daily production capacity of more than two million barrels of oil equivalent per day.