Kvaerner: Brazilian contracts

Kvaerner has been awarded two deepwater contracts from Petrobras in Brazil. The first contract is for the supply of 12 sub-sea Xmas Trees for operation in water depths of 2000 metres. The
second contract is for the development of a Workover System to be used for sub-sea installations in up to 3000 metres of water. The total value of the two contracts amounts to USD 13 million. For the Xmas Trees, Kvaerner Oilfield Products’ scope in Brazil includes procurement, project management, fabrication, engineering and manufacture.
Following the supply to Petrobras of the world’s first sub-sea Xmas Tree designed for 3000 metre water depths, Kvaerner has been awarded a contract to develop a Workover System consisting of riser, terminal head, electro-hydraulic controls, umbilicals and service line. This system will be used for subsea installation and well intervention/workover and will cater for both existing and future Petrobras systems. The contract will be project-managed and partially engineered and manufactured in Brazil, with some work related to the electro-hydraulic controls being undertaken by Kvaerner Oilfield Products in the UK.

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