Petrobras And Subsea7 Sign R$8.4 Billion Contract For Búzios 11 Project, Expected To Create Over A Thousand Direct And Indirect Jobs

Written by Carla Teles

Published on 19/05/2025 at 19:27

Updated on 19/05/2025 at 23:35

Petrobras e Subsea7 assinam contrato de R$ 8,4 bi para o Projeto Búzios 11. Acordo impulsiona conteúdo local, gera empregos e foca na interligação submarina.

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Agreement for Submarine Interconnection in Petrobras Project Aims to Strengthen Local Content and Generate Over a Thousand Jobs, Starting Offshore Campaign in 2027.

Petrobras signed a significant contract worth R$ 8.4 billion with Subsea7. The agreement encompasses engineering, procurement, construction, and installation (EPCI) for the Búzios 11 Project. This investment is the result of a competitive bidding process.

Details of the Billion-Dollar Agreement for Submarine Interconnection

Petrobras formalized a R$ 8.4 billion contract with Subsea7. This agreement is for the development of the Búzios 11 Project. Subsea7 will be responsible for the engineering, procurement, construction, and installation (EPCI) of the project. The company was selected through a competitive process, according to information from the Petrobras Agency.

Boost in Job Creation and Local Content with Contract between Petrobras and Subsea7

The contract is expected to generate more than a thousand direct and indirect jobs. A minimum requirement of 40% local content has been established. However, Petrobras hopes to achieve a percentage above 50%.

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Scope and Schedule of the Búzios 11 Project

The Development Project for Búzios 11 Production is ambitious. It foresees the interconnection of 15 wells to the P-83 platform. Of these, 8 will be producers and 7 will be alternating water and gas injectors. The start of the offshore EPCI Búzios 11 campaign is scheduled for October 2027.

The Búzios field is operated by Petrobras. The consortium also includes the Chinese partner companies CNOOC and CNODC. PPSA, the company that manages production sharing contracts, is also part of the consortium. This project reinforces Petrobras’ strategy to develop world-class assets.

Petrobras And Subsea7 Sign R$8.4 Billion Contract For Búzios 11 Project, Expected To Create Over A Thousand Direct And Indirect Jobs

Agreement for Submarine Interconnection in Petrobras Project Aims to Strengthen Local Content and Generate Over a Thousand Jobs, Starting Offshore Campaign in 2027.

Details of the Billion-Dollar Agreement for Submarine Interconnection

Boost in Job Creation and Local Content with Contract between Petrobras and Subsea7

Scope and Schedule of the Búzios 11 Project

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Petrobras And Subsea7 Sign R$8.4 Billion Contract For Búzios 11 Project, Expected To Create Over A Thousand Direct And Indirect Jobs

Agreement for Submarine Interconnection in Petrobras Project Aims to Strengthen Local Content and Generate Over a Thousand Jobs, Starting Offshore Campaign in 2027.

Details of the Billion-Dollar Agreement for Submarine Interconnection

Boost in Job Creation and Local Content with Contract between Petrobras and Subsea7

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