Subsea7, Petrobras ink EPCI contract offshore Brazil

Oct. 31, 2023
Subsea7 has confirmed the award of a contract amendment by Petrobras for the development of the Mero 4 Field.

Offshore staff

LONDON —  Subsea7 has confirmed the award of a contract amendment by Petrobras for the development of the Mero 4 Field, which is about 200 km offshore Rio de Janeiro, Brazil, at 2,200 m water depth in the presalt Santos Basin. 

The contract amendment scope includes engineering, procurement, fabrication, installation and pre-commissioning of 76 km of rigid risers and flowlines for the steel lazy wave production system.

Subsea7 said the contract is worth more than $750 million.

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 the state of Espirito Santo, and offshore operations are scheduled to be executed in 2025 and 2026.

Mero 4 is the fourth definitive project of Mero Unitized Field in presalt that is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo SA (PPSA) (3.5%), representing the government in the non-contracted area.

10.31.2023