McDermott awarded offshore contract by Brazil’s BRAVA Energia

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McDermott was awarded a sizeable offshore transportation and installation contract by BRAVA Energia, Brazil’s most diversified independent oil and gas company, for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.

Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment for two new wells at the Papa-Terra field and two new wells for the Atlanta Phase 2 development. The scope also includes pre-commissioning and onshore base support services.

 “This award highlighted the vital role of subsea infrastructure in enabling long-term production and asset value for deepwater developments,” said Mahesh Swaminathan, McDermott’s senior vice president, subsea and floating facilities. “We will leverage our proven integrated delivery model, marine capabilities and expertise in delivering brownfield deepwater solutions to support Brazil and the broader South American offshore market.”

The new wells at the Papa-Terra and Atlanta fields, operated by BRAVA Energia, will support production ramp-up as part of the company’s ongoing strategy to increase output and extend the life of deepwater infrastructure. McDermott previously delivered the Papa-Terra tension leg wellhead platform – the first dry-tree floating production system offshore Brazil and the first tension leg platform installed in South America at the time.

The contract value falls within McDermott’s definition of a sizeable contract, ranging between $1 million and $50 million.

For more information visit www.mcdermott.com