Major Deepwater Contract with Petrobras Spotlights Subsea 7´s Enhanced Capabilities
Claudio Paschoa
June 16, 2013
The $1 billion contract awarded to Subsea 7 by Brazilian national oil company Petrobras, marks a new era in Subsea 7´s history. It is the first major (in terms of contract value) contract for the company after its merger with Acergy. The contract is for development of the Guara and Lula deepwater pre-salt fields in the Santos Basin, over 300km from the coast of Rio de Janeiro, in water depth of around 2,200 meters. These plays are located in Block BM-S-9 and BM-S-11 respectively. The EPIC (Engineering, Procurement, Installation and Pre-Commisioning) project scope consists of 4 decoupled riser systems featuring, four submerged buoys each of 1…