Subsea 7 to Build Spoolbase in the state of Parana
Claudio Paschoa
May 25, 2010
The new Subsea 7 pipeline manufacturing facility and spoolbase will mainly serve the deepwater pre-salt developments at the Santos Basin. Subsea 7 has been active in Brazil for 15 years and has its main offices in workshop in Niteroi, in the state Rio de Janeiro and a spoolbase close to the city of Ubu in the state of Espirito Santo. Although construction of the new plant and spoolbase hasn´t started yet, Subsea 7 is only waiting for a state environmental license to begin building what is to be named the Paraná Subsea Construction Park. The company will invest $100 million and expects to create 600 direct jobs at the new site. Subsea 7 earned $2,4 billion worldwide and $848 million in Brazil in 2009.