Petrobras inks Saipem contract

May 7, 2014

Brazil's Petrobras has awarded Saipem an EPCI contract for the Lula Norte, Lula Sul and Lula Extremo Sul Project, to be developed in the Santos Basin Pre-Salt region, about 300km off the coasts of the Rio de Janeiro and São Paulo States.

The work scope includes engineering, procurement, fabrication and installation of three offshore pipelines, with related terminations (PLETs) and free standing hybrid risers (FSHRs) for the gas export systems to be installed in the Lula field in up to 2200m water depth. The marine activities will be performed mainly by the Saipem FDS2 within 1H 2016. 

Saipem will use its yard, currently under development in Guarujá for the fabrication of the Risers system and the associated Subsea equipment. The project will be delivered in the third quarter of 2016. 

Umberto Vergine commenting these new contracts said: “The new Lula offshore contract proves  that our entry strategy and our investments to became a big player in Brazil start to pay off."

 


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