The Prysmian Group has won a contract worth up to approximately US $260 million in a frame agreement for umbilical products with Petrobras.
The award relates to an agreement to supply 360 km of umbilicals, most of it to be used on the operator’s pre-salt fields. The deal covers 16 different cross sections and related ancillaries, offshore services and qualifications, with the value of $260 million covering a 50% minimum purchasing commitment and call-off orders to be placed within a two-year period.
Prysmian was also awarded an extension to 2016 of an existing frame agreement for flexible pipes, worth a further $95 million, of which $20 million has already been called off for the same operator’s Macabu, Jubarte and Marlim Leste fields.
Both the umbilicals and flexible pipes for the contracts will be manufactured in the group’s plants in Vila Velha, Brazil – an industrial plant fully dedicated to Subsea Umbilicals, Risers and Flowlines (SURF).
“We have achieved important results and we are about to finalise the ongoing qualification process for 6-inch flexible pipes, thus taking another significant step forward in our technological cooperation agreement with Petrobras,” said José Luiz Dacal Castro, VP and head of Prysmian’s SURF business unit. “We are also strongly engaged to develop products and technologies for the harsher pre-salt layer”.
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