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Aker Gets Second Deepwater Subsea Tree Call from Petrobras, Adds New Frame Agreement

Aker Gets Second Deepwater Subsea Tree Call from Petrobras, Adds New Frame Agreement

28 March 2013

Petrobras has entered a frame agreement with Aker Solutions for subsea equipment destined for deepwater presalt field development offshore S„o Paulo, Santos basin, Brazil.

At the same time, Petrobras issued a second call-off order to Aker for delivery of subsea equipment to SapinhoŠ and Lula Nordeste offshore presalt field developments based on a frame agreement signed in 2010.

The new agreement is valued at $800 million and has a scope of work for 60 vertical subsea trees, subsea controls, tools, and spares in the 2014-2018 time period.

Based on the new agreement, Aker says it will expand its facilities in Brazil and that a new subsea equipment manufacturing facility will be established in Curitiba, Parana, 800 km (479 mi) south of Rio de Janeiro to replace the current facility by 2015.

The second call-off from the earlier agreement includes 20 vertical subsea trees, subsea controls, tools, and spares for delivery in the 2013-2015 span.