Subsea 7 Awarded Contract Offshore Brazil
Subsea 7 announced today the award of a SURF contract valued at approximately USD 200 million from Petrobras on the Campos Basin, 80 km from the Brazilian coast. The contract scope includes the management, engineering, procurement and installation of two rigid oil lines of 4.5 km x 34″ (OD) at water depths of 70 m, umbilicals and subsea related equipments. Engineering and project management will commence immediately with offshore operations due to start in the first half of 2013.
The subsea layout comprises an offshore terminal for oil temporary storage and offloading (Transfer and Export Offshore Unit) and two mono-buoys connected to the subsea system (pipeline and equipment) through flexible hoses and umbilicals.
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