BAKU, Azerbaijan, September 20. TechnipFMC has been awarded two significant subsea contracts by Petrobras, further expanding its role in the development of Brazil's pre-salt oil reserves, Trend reports.
According to the company, these contracts, focused on the Atapu 2, Sepia 2, and Roncador projects, reaffirm TechnipFMC's long-standing presence and expertise in the region.
The first contract, described as substantial, involves the design, engineering, and manufacturing of flexible riser pipes. TechnipFMC will also provide essential services such as packing and storage to ensure seamless project execution.
The second award, following a competitive tender process, is a significant contract for the design and supply of subsea production systems. These systems will be critical in supporting Petrobras’s ongoing expansion across its offshore fields. In addition to the production systems, TechnipFMC will offer installation support and life-of-field services, with the option for additional equipment as needed.
Crucially, all products and services will be produced locally, utilizing TechnipFMC's established infrastructure and expertise within Brazil. This commitment to local production strengthens both Brazil's industrial base and TechnipFMC’s ability to meet the region’s growing energy needs.
Jonathan Landes, President of Subsea at TechnipFMC, highlighted the significance of the contracts: “These awards underscore our leadership in flexible pipe technology and the success of our standardized equipment platform, which has already proven effective on Petrobras’s Buzios fields. With nearly 70 years of experience in Brazil, we remain deeply committed to supporting Petrobras’s strategic vision and the continued development of the country’s energy sector.”
The two contracts, valued between $75 million and $500 million, will be included in TechnipFMC’s inbound orders for the third quarter of 2024, further bolstering the company’s portfolio in Brazil’s energy market.