Brazil upstream news

Both contracts have been signed on a 3-year fixed-term basis, with expected commencement in September 2022.

The contract covers the Peregrino wellhead platforms and FPSO unit.

The company will manufacture and supply valve packages to projects in the Santos and Campos basins.

Saipem will install a rigid riser-based subsea system for the Búzios 7 project.

The company will deliver a subsea production system consisting of up to 13 vertical subsea trees designed for Brazil's pre-salt.

The company has been awarded two Letters of Intent by Petrobras for the charter, operations and maintenance of Integrado Parque das Baleias.

The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.

Petrobras' share of production from the fields in the first half of 2021 was 11.3 thousand boe/d.

FPSO Sepetiba is to be deployed at the Mero field in the Santos Basin offshore Brazil, 180 km offshore Rio de Janeiro.

The company is also nearing completion of work for CGG on its North Viking Graben survey.