Receive our newsletter – data, insights and analysis delivered to you
  1. News
July 7, 2020

Saipem to install subsea system for Búzios pre-salt field

Italian oilfield service company Saipem has secured a contract to install a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.

By Himaja Ganta

Italian oilfield service company Saipem has secured a contract to install a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.

Valued at $325m, the contract has been awarded by Brazilian energy firm Petrobras.

The Búzios field is located within the Cessão Onerosa region of the pre-salt Santos Basin.

It is situated in water depths from 1,537m to 2,190m, offshore Rio de Janeiro, Brazil.

Under the contract, Saipem will provide engineering, procurement, construction and installation of steel lazy wave risers and associated flowlines between 15 wells to floating production storage and offloading (FPSO).

Work includes five production and five injection risers and flowlines for a total length of 59km, and a 16km-long gas export line to be tied to an existing pipeline.

Content from our partners
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
The important role of antifoam agents in oil-gas separation and amine treating

Also included are 11 rigid jumpers and 21 foundation subsea structures.

Saipem E&C Offshore Division CEO Francesco Racheli said: “Búzios is one of the world’s largest deepwater oil fields and it is very important for Saipem to contribute to such a significant project for Brazil, a country in which we have a long-established presence and track record of successfully executed projects.

“This new acquisition efficiently combines in-house capabilities and appropriate assets to carry out this ambitious endeavour and reinforces our reputation as a global provider of valuable solutions in a country offering great opportunities.

“We look forward to working alongside Petrobras to further develop Brazil’s resources and ensure the safe and timely achievement of the field’s full production output.”

In May, Saipem secured a contract from Polish gas grid operator Gaz-System to transport and install a natural gas pipeline between Denmark and Poland in the Baltic Sea.

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