Pipe laying at All Time High in Brazil
Claudio Paschoa
June 16, 2013
As deepwater O&G discoveries abound up and down the coast in Brazil and as the early pre-salt discoveries begin to produce, along with other post-salt deepwater discoveries. All three main Basins; Campos, Santos and Espirito Santo are seeing a marked increase in pipe laying by all super major players involved in the development of deepwater plays in Brazil. There has also been an increase in custom deepwater pipe and flowline manufacturing and in the acquisition and leasing of pipelaying vessels for the Brazilian oil frontier. The newest order announced is for the supply of electrical power systems and energy efficient propulsion systems for two deepwater pipe laying vessels with the total order value being $18 million. Daewoo chose ABB to supply these systems.