Subsea 7 Snags $200MM Contract for Tambau Urugua, P-56 Devts

Subsea 7, one of the world's leading subsea engineering and construction companies, has been awarded a contract with an estimated value of $200 million from Petrobras (Petroleo Brasileiro S/A) for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.

The Tambau Urugua scope of work is to engineer, install and commission two 12" rigid steel 14.5 km long client supplied gas flowlines and associated subsea equipment. The P-56 scope is to engineer, procure, install and commission two 12" rigid steel 13 km long oil export pipelines, connecting the semi-submersible P-56 platform to the P-38 FPSO, and one 10" rigid steel 8.6 km gas export pipeline from P-56 platform to the semisubmersible P-51 platform. The pipelines and pipeline end terminations will be supplied by Subsea 7.

The offshore pipeline installation campaign will take place during 2010 and will be carried out by one of Subsea 7's pipeline installation vessels.

All engineering and project management work will be conducted at Subsea 7's offices, in Niteroi, Rio de Janeiro, Brazil and the fabrication of the rigid pipeline will be carried out at Subsea 7's pipeline fabrication spoolbase at Ubu, Brazil.

Victor Bomfim, Vice President for Subsea 7 in Brazil commented, "We are delighted to have been chosen to undertake this scope of work by Petrobras. It builds upon Subsea 7's existing successful track record of working with Petrobras for deepwater pipelay installation in Brazil, based on well established company roots, infrastructure in the region and an experienced locally based workforce. The award further reinforces our position as the Subsea Partner of Choice."

The Tambau Urugua field, is located in Santos Basin about 130km southeast off the Rio de Janeiro State coast, in water depths of 1,300m. The P-56 development is located in Campos Basin 320km east off the Rio de Janeiro State coast in water depths of 1,670m.


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