Saipem has been awarded a contract by Petrobras on July 6 for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1,537 m to 2,190 m, offshore the state of Rio de Janeiro.
The Búzios-5 overall production system foresees the interconnection of 15 wells to the FPSO in two phases. The project awarded to Saipem includes the engineering, procurement, construction and installation (EPCI) of the steel lazy wave risers (SLWR) and associated flowlines between all wells and the FPSO. In particular, the scope of work includes five production and five injection risers and flowlines for a total length of 59 km, a 16 km-long gas export line to be connected to an existing pipeline, 11 rigid jumpers and 21 foundation subsea structures (risers and PLETs).
Saipem will use FDS, its state-of-the-art field development ship, for all the subsea works.
“Búzios is one of the world’s largest deepwater oil fields and it is very important for Saipem to contribute to such a significant project for Brazil, a country in which we have a long-established presence and track record of successfully-executed projects,” Francesco Racheli, COO of Saipem’s E&C Offshore Division, said. “This new acquisition efficiently combines in-house capabilities and appropriate assets to carry out this ambitious endeavour and reinforces our reputation as a global provider of valuable solutions in a country offering great opportunities. We look forward to working alongside Petrobras to further develop Brazil’s resources and ensure the safe and timely achievement of the field’s full production output.”
Recommended Reading
Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
2022-06-28 - Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.
SilverBow Acquires Sundance, SandPoint in $425 Million A&D Double Play
2022-04-14 - SilverBow Resources acquires liquids-weighed assets in western Eagle Ford through the acquisitions of Sundance Energy and SandPoint Resources that meaningfully increase SilverBow’s size and scale.
US Drillers Add Oil and Gas Rigs for Fourth Week in a Row
2022-04-14 - Analysts said the industry must drill new wells going forward because the number of DUCs available was dropping fast. That drilling increase was likely already coming, at least in the nation’s biggest oil shale basin, the Permian Basin.
US BLM Unveils Plans for June Oil and Gas Drilling Auctions
2022-04-19 - The U.S. Bureau of Land Management said it will offer 131,771 acres (53,326 hectares) to oil and gas companies in Wyoming, the largest planned sale.
Making Technological Strides in the Permian Basin
2022-04-19 - Executives from Halliburton and Schlumberger weigh in on what trends in technology are emerging in the Permian Basin.