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Aker wins Petrobras deepsea manifold contract

09th April 2014

Norwegian oil and gas services and technology provider, Aker, has been awarded contract to boost Petrobras’ deepwater oil recovery processes

Aker wins petrobras manifold contract for deepwater fields
The subsea manifolds, designed for water depths of 2,500 meters, will be installed by Petrobras and its partners in deepwater pre-salt field developments.

Aker Solutions has won a contract worth more than USD 300m from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil's deepwater offshore fields.

The subsea manifolds, designed for water depths of 2,500 meters, will be installed by Petrobras and its partners in deepwater pre-salt field developments. The units have a design life of 30 years and the first is scheduled to be delivered in 2016.

"We are pleased to work with Petrobras on its important and technically challenging pre-salt developments," said Øyvind Eriksen, executive chairman of Aker Solutions. "Brazil is a key market for our subsea technology and one of the fastest-growing areas in the oil and gas industry."

The order will be executed by Aker Solutions' Brazilian subsea division. The unit last year began work to double its subsea equipment manufacturing capacity at a plant in Curitiba by 2015. About 70 percent of the contract with Petrobras will be procured and manufactured in Brazil.

"Aker Solutions is committed to delivering high local content in Brazil, where demand for complex subsea production equipment is growing," said Luis Araujo, president for Aker Solutions in Brazil.

The manifolds will play a key part in the crucial injection process that helps improve recovery from the fields.

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