Subsea7 has been awarded a major contract by Petrobras for the development of Búzios 11 in the Santos Basin. The scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 112 kilometers of rigid risers and flowlines. Offshore activities are scheduled across 2027 and 2028.
This contract reinforces Subsea7’s expanding role in Brazil, following other significant awards with Petrobras such as vessel charters and key development packages for Búzios 8 and Búzios 9. According to the company’s classification, a “major contract” is valued at over USD 1.25 billion.
Subsea7 highlighted its technical execution and project delivery capabilities as key to securing this new milestone. “This award again underscores Subsea7’s proven expertise in delivering complex, world-scale size projects, reinforcing our strong execution capabilities and commitment to operational excellence and safety,” said Yann Cottart, SVP for Brazil and Global Projects Centre West.
