Nexans Wins Brazil Subsea Contract

The Subsea Integration Alliance (SIA) – a partnership between Schlumberger’s (NYSE: SLB) OneSubsea unit and Subsea7 (OTCMKTS: SUBCY) – has awarded Nexans (EPA: NEX) a major umbilicals contract for Equinor’s (NYSE: EQNR) Bacalhau oil field development project offshore Brazil, Nexans reported Wednesday.

Nexans will design, manufacture, and supply 27.3 miles (44 kilometers) of steel tube umbilicals and accessories for the ultra-deepwater Santos Basin project, the company noted in a written statement emailed to Rigzone. As Rigzone reported in early 2020, SIA is overseeing the subsea production system (SPS) and subsea, umbilical, risers, and flowlines (SURF) for Bacalhau.

According to Nexans, the company’s Halden, Norway facility will provide SIA with 1.6 miles (2.5 kilometers) of gas-lift umbilical, 21.7 miles (35 kilometers) of static umbilical, 4.3 miles (6.9 kilometers) of dynamic umbilical, and accessories. The firm added the steel tube umbilicals will support subsea equipment operating at water depths down to 6,890 feet (2,100 meters).

Nexans pointed out the pre-salt Bacalhau project is targeting estimated recoverable reserves of up to 2 billion barrels of oil equivalent. The contract recipient noted that it expects to deliver the project’s umbilicals in the fourth quarter of 2022.

To contact the author, email mveazey@rigzone.com.

Nexans Wins Brazil Subsea Contract Nexans Wins Brazil Subsea Contract Reviewed by Crude Oil Brokers on 12:26 Rating: 5

No comments:

Trending Oil Industry News

About Crude Oil Brokers Ltd

Crude Oil Brokers Ltd is a dedicated global crude oil buyer and seller brokering or facilitating company. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the oil buying and selling brokering.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Brokers, click here ». To learn more about Crude Oil Brokers Ltd, click here


Crude Oil Brokers

Powered by Blogger.