Subsea7 secures “super major” Petrobras contract for Búzios 9 field development

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Subsea7 has been awarded a super-major contract by Petrobras for the Búzios 9 field development. The field is located approximately 180 kilometers off the coast of Rio de Janeiro, Brazil, at a water depth of 2,000 meters in the pre-salt Santos basin.

The contract includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometers of rigid risers and flowlines for the steel lazy wave production system.

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Project management and engineering will start immediately at Subsea7’s offices in Rio de Janeiro and Paris. Pipeline fabrication will occur at Subsea7’s spoolbase in Ubu, Espirito Santo, Brazil. Offshore operations are set for 2026 and 2027.

Yann Cottart, Vice-President Brazil, stated, “This new award strengthens our diverse portfolio of projects in Brazil and affirms our position as a trusted contractor of Petrobras. Subsea7 looks forward to continuing this strong, collaborative relationship as we work together to successfully deliver the Búzios 9 project.”

Subsea7 defines a super-major contract as being over US$1.25 billion.

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