Petrobras lets contract for Sepia field project

May 14, 2019
Petroleo Brasileiro SA (Petrobras) has let a contract to McDermott International Inc. for subsea risers and flowlines for the first phase of Sepia field, 174 miles offshore Rio de Janeiro. The first phase is part of a 15-well Sepia field development in the presalt layer of the Santos basin on Block BM-S-24. Start of oil production is expected in 2021.

Petroleo Brasileiro SA (Petrobras) has let a contract to McDermott International Inc. for subsea risers and flowlines for the first phase of Sepia field, 174 miles offshore Rio de Janeiro. The first phase is part of a 15-well Sepia field development in the presalt layer of the Santos basin on Block BM-S-24. Start of oil production is expected in 2021.

The integrated engineering, procurement, construction, and installation contract includes detailed engineering, surveys, supply, installation and precommissioning of rigid pipelines, jumpers, buoyance modules, strakes and riser monitoring systems for seven-riser wells (three producers and four injector wells) connected to the Carioca floating production, storage, and offloading vessel.

McDermott’s Rio de Janeiro office will perform the work with support from its office in Houston. The company plans to use five vessels for the installation work in 7,021 ft of water. The contract is valued by McDermott at $250-500 million.