The Project Awarded to Saipem Includes Engineering, Procurement, Construction and Installation (EPCI) of a System That Interconnects 15 Wells to an FPSO in the Búzios 7 Project in the Pre-Salt
The Italian contractor Saipem received a new SURF EPCI contract from Petrobras for the Búzios 7 project in the pre-salt, worth US$ 940 million. According to Saipem, the contract with Petrobras is for the installation of a subsea system based on rigid risers for the Búzios 7 project, aiming to serve the pre-salt field, located about 200 km off the coast of the state of Rio de Janeiro, in a water depth of 2,000 meters.
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The project awarded to Saipem includes the Engineering, Procurement, Construction, and Installation (EPCI) of the Steel Lazy Wave Risers (SLWR) and associated flowlines, which interconnect 15 subsea wells to the FPSO, along with related service lines and control umbilicals.
Additionally, Saipem will also be responsible for the supply and installation of the FPSO anchors. The Italian company will use its Field Development Ship (FDS) for the installation of the SLWRs.
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In July 2020, Saipem had already received a contract from Petrobras for the Buzios 5 project, for the EPCI of the SLWR and associated flowlines between all wells and the FPSO.
New Investment Cycle of Saipem
Francesco Caio, CEO and General Manager of Saipem, commented: “This project is yet another important evidence of a new investment cycle and the competitiveness of Saipem in high-tech content projects. The contract also confirms the trust placed in Saipem by major clients like Petrobras to carry out projects central to their strategies, as well as confirming the company’s solid position in geographical areas with significant development prospects.”
Earlier this year, Saipem and the South Korean shipyard DSME entered into a contract with Petrobras for the supply of the P-79, the eighth unit to be installed in the Búzios field in the pre-salt area of the Santos Basin.
With the capacity to process 180,000 barrels of oil per day and 7.2 million cubic meters of gas daily, the platform is of the FPSO type, a floating unit that produces, stores, and transfers oil. Delivery is scheduled for 2025.

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