TechnipFMC Signs Major Contract with Petrobras for Engineering, Procurement, Construction, and Installation (EPCI) of the Búzios 6 Project in the Pre-salt of the Santos Basin

Written by Valdemar Medeiros

Published on 26/01/2022 at 11:48

Updated on 26/01/2022 at 13:55

Colaborador da TechnipFMC – foto: Divulgação

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TechnipFMC Starts the Year Closing a Contract with Petrobras, This Time for the Búzios 6 Project Located in the Pre-Salt of the Santos Basin. The Value of the New Contract Between the Companies Is Between US$ 500 Million and US$ 1 Billion

TechnipFMC is starting 2022 with a new and important contract with Petrobras. The company announced that it has closed an Engineering, Procurement, Construction, and Installation (EPCI) agreement for the Búzios 6 project, located in the pre-salt of the Santos Basin. The agreement provides for the supply of rigid and flexible pipes, umbilicals, rigid jumpers, pipe terminations, umbilical termination assemblies, and an anchoring system.

Agreement Between TechnipFMC and Petrobras Is Between 500 Million and US$ 1 Billion

According to Jonathan Landes, President of Subsea at TechnipFMC, the company is excited to announce the contract with Petrobras, which demonstrates the continued strength of the national subsea market and also its collaborative relationship with it.

TechnipFMC utilizes its deep understanding of customer needs to arrive at technological solutions specifically designed for the Búzios 6 field, in the pre-salt of the Santos Basin. The exact value of the deal between TechnipFMC and Petrobras has not been announced, but according to one of the companies, the value is between US$ 500 million and US$ 1 billion.

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TechnipFMC Has Previously Closed Other Contracts with Petrobras

This is the second contract signed between TechnipFMC and Petrobras for the Búzios 6 project. The first, closed in June of last year, provides for the supply of subsea equipment for Búzios 6, located in the pre-salt of the Santos Basin, valued between US$ 250 million and US$ 500 million.

There is also the expectation that TechnipFMC will close a contract with Petrobras for the subsea collection system, better known as SURF, for the 7th module of Búzios. The company presented the best proposal in Petrobras’s bidding process.

“Among other contracts closed between TechnipFMC and Petrobras are the supply of flexible pipes for five other fields located in the Campos Basin and the eight manifolds for production and injection in the Marlim and Voador fields, signed in April and December of last year, respectively,” highlights Mario Ortiz – Senior Supply Chain Executive at Vibra Energia via LinkedIn.

Learn About the Búzios 6 Project

The Búzios 6 project, in the pre-salt of the Santos Basin, will be the sixth definitive production system of the field. Petrobras has also contracted SBM Offshore for the implementation of the FPSO that will operate in the area, the Almirante Tamandaré.

The vessel is expected to start its operations in the second half of 2024. It will be the largest oil production unit in operation on the Brazilian coast and also one of the largest in the world, capable of processing more than 225,000 barrels of oil and 12 million m³ of natural gas per day.

TechnipFMC Signs Major Contract with Petrobras for Engineering, Procurement, Construction, and Installation (EPCI) of the Búzios 6 Project in the Pre-salt of the Santos Basin

TechnipFMC Starts the Year Closing a Contract with Petrobras, This Time for the Búzios 6 Project Located in the Pre-Salt of the Santos Basin. The Value of the New Contract Between the Companies Is Between US$ 500 Million and US$ 1 Billion

Read Also

Agreement Between TechnipFMC and Petrobras Is Between 500 Million and US$ 1 Billion

TechnipFMC Has Previously Closed Other Contracts with Petrobras

Learn About the Búzios 6 Project

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TechnipFMC Signs Major Contract with Petrobras for Engineering, Procurement, Construction, and Installation (EPCI) of the Búzios 6 Project in the Pre-salt of the Santos Basin

TechnipFMC Starts the Year Closing a Contract with Petrobras, This Time for the Búzios 6 Project Located in the Pre-Salt of the Santos Basin. The Value of the New Contract Between the Companies Is Between US$ 500 Million and US$ 1 Billion

Read Also

Agreement Between TechnipFMC and Petrobras Is Between 500 Million and US$ 1 Billion

TechnipFMC Has Previously Closed Other Contracts with Petrobras

Learn About the Búzios 6 Project

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