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Brava Awards Drilling, Subsea Contracts For Two Offshore Brazil Projects

2024-11-29 14:11

Wedoany.com Report-Nov 29,   Brava Energia has contracted the Lone Star semisubmersible rig from Constellation Oil Services for up to five wells on the Atlanta and Papa-Terra oilfields offshore Brazil.

The planned campaign will comprise drilling and interconnection of two wells on each field, and potentially a fifth on the Malombe accumulation, via a subsea connection to the Peroa offshore complex: in this case, Brava expects to take FID in Q2, 2025.

OneSubsea will supply two subsea trees for the Atlanta wells: these items are already available for the Papa-Terra and Malombe wells.

Baker Hughes will provide flexible pipelines and risers for Atlanta wells, with an option for further deliveries for Malombe. Papa-Terra’s wells will connect to existing lines.

Brava estimates the full value of the contracts for the first four wells at around $200 million, with payments made based on contractual milestones.

Latin America Brazil Oil

Brava / Offshore Brazil Projects

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