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Subsea7 secures major contract with Petrobras for Búzios 11 field

Petrobras has awarded Subsea7 a large-scale contract for the development of the Búzios 11 field, located in the pre-salt Santos basin offshore Brazil.

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Subsea 7 S.A. has announced the award of a so-called “super-major” contract by Petróleo Brasileiro S.A. (Petrobras) for the development of the Búzios 11 field, located approximately 180 kilometres off the coast of the state of Rio de Janeiro, in deep water at 2,000 metres. The field is situated in the pre-salt Santos basin, a strategic region for Brazil’s offshore oil production.

Large-scale technical scope

The contract includes engineering, procurement, fabrication, installation, and pre-commissioning of 112 kilometres of rigid risers and flowlines. These operations aim to ensure optimal exploitation of the Búzios 11 field’s resources. Engineering activities will commence immediately at Subsea7’s offices in Rio de Janeiro, Suresnes, and Sutton.

The pipeline fabrication will take place at Subsea7’s spoolbase in Brazil. Offshore activities are scheduled for 2027 and 2028, following a long-term industrial timeline.

Strengthened backlog for Subsea7

The contract, secured through a competitive tender process, reinforces Subsea7’s position in the Brazilian market, one of the most active globally in the offshore oil sector. The Luxembourg-based company, listed on the Oslo Stock Exchange, continues to build a large and diversified project portfolio.

In an official statement dated 2 May, Yann Cottart, Senior Vice-President for Brazil and the Global Projects Centre West, stated: “This award once again confirms our expertise in delivering large-scale projects. We thank Petrobras for their trust.”

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