Petrobras lets contract for Búzios 9 field development

Petrobras has let a contract to Subsea 7 SA to advance development of Búzios 9 field offshore Brazil.

Búzios 9 lies 180 km off the coast of the state of Rio de Janeiro at 2,000 m water depth in the presalt Santos basin.

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

Project management and engineering will begin immediately at Subsea7’s offices in Rio de Janeiro and Paris. Fabrication of the pipelines will take place at Subsea7’s spoolbase at Ubu in Espirito Santo, Brazil, and offshore operations are scheduled to be executed in 2026 and 2027. 

Subsea7 values the contract over $1.25 billion.