Petrobras has let a contract for engineering, acquisition, construction and subsea installation (EPCI) to Subsea7 for the Búzios 11 project.
The development project provides for the interconnection of 15 wells to the P-83 platform. Eight wells are are producers and seven wells are alternating water and gas injectors.
The start of the EPCI Búzios 11 offshore campaign is scheduled for October 2027. The contract’s value is R$8.4 billion.
Petrobras anticipates Búzios will become the company’s largest production field, with the goal of reaching 2 million b/d by 2030 (OGJ Online, Feb. 17, 2025).
The Búzios consortium is composed of Petrobras (operator), the Chinese partner companies CNOOC and CNODC, as well as PPSA, the company responsible for managing production-sharing contracts.
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).