Subsea7 awarded contract for Sépia 2 development by Petrobras

Summary

Subsea 7 has been awarded a contract by Petrobras for the development of the Sépia 2 field in Brazil's pre-salt Santos Basin. The contract includes engineering, procurement, and installation for 17 wells and is valued over $1.25 billion. Offshore operations are scheduled to begin in 2029.

Recent Coverage

• Subsea7 wins contract for Sépia 2 development offshore Brazil

  Drilling Contractor • Apr 10

• Subsea7 wins $1.25 billion-plus pre-salt contract with Petrobras

  Upstream Online • Apr 9

• Subsea7 awarded offshore contract for Sépia 2 in Brazil

  GlobeNewswire - Energy • Apr 9