View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
June 30, 2021updated 23 Nov 2021 11:27am

Petrobras awards subsea contract to TechnipFMC for Búzios 6-9 Fields

The contract will see the supply of subsea trees, electrical and hydraulic distribution units, and topside systems.

By Archana Rani

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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology