Deepwater Development Contract
Subsea 7 S.A. has announced the award of a contract with Petrobras, as operator of BM-S-9 and BM-S-11 Consortia to Subsea 7 Inc., a subsidiary of Subsea 7, of approximately USD 1 billion for the development of the pre-salt deepwater Guará and Lula NE Areas located in the Santos Basin, offshore Brazil, in water depths of approximately 2,200 m. The project scope includes the engineering, procurement, installation and pre-commissioning of riser systems.
This four decoupled riser systems feature:
- four submerged buoys each of 1,900 t to be installed at approximately 250 m below
the sea level buoy foundations and associated tethers; - twenty-seven steel catenary risers of 3.9km and associated pipeline end terminations (PLETs) of
which eighteen 7.5″ production lines, three 9.5″ water injection lines and six 8″ gas injection
lines, and associated anchor piles and crossings.
Engineering and project management work will commence with immediate effect and will be undertaken at our offices in Rio de Janeiro, Brazil. Fabrication of the rigid pipelines will be carried out at the pipeline fabrication spoolbase, which Subsea 7 are developing at Paranaguá, Paraná in Brazil. Offshore installation is scheduled to commence during the second half of 2012, using Seven Oceans, Seven Seas and Skandi Seven.
Victor Snabaitis Bomfim, Subsea 7’s Senior Vice President, Brazil, said: “We are delighted to be awarded this pioneering contract in this new deepwater frontier which is the Santos Basin Pre-Salt area, as it enables us to leverage our newly enhanced capabilities, further develop our strong track record as a local strategic partner to Petrobras, whilst building upon our long-term commitments in Brazil. We look forward to continuing to support Petrobras’ developments and bringing our expertise in engineering, project management and installation to the ongoing development of the challenging Pre-Salt Area, offshore Brazil.”