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Mcdermott Wins Large EPCI Project for Sepia Field

McDermott wins an EPCI Contract, between USD $250 million and USD $500 million, from Petrobras for Sepia Field Project

McDermott International, Inc. announced today that, the award of a contract by Petrobras for EPCI of subsea risers and flowlines for the first phase of the Sepia field, located 174 miles (280 kilometers) from the Rio de Janeiro coastline in Brazil.

The project scope includes detailed engineering, surveys, supply, installation and pre-commissioning of rigid pipelines, jumpers, buoyance modules, strakes and riser monitoring systems for seven-riser wells (3 producers and 4 injector wells) connected to the floating production, storage and offloading (FPSO) Carioca vessel.

"McDermott has had a strong presence in Brazil going back more than four decades, and we see tremendous opportunity for growth in the region," said Mark Coscio, McDermott's Senior Vice President for North, Central and South America. "We will use our first-class assets and proven track record to deliver the highest levels of safety, quality and cost-efficiency during the first phase of this important greenfield development."

McDermott plans to use five vessels for the installation work at ultra-deepwater depths up to 7,021 feet (2,140 meters)
  • McDermott
  • EPCI Contract
  • Petrobras
  • Sepia Field Project
  • Oil and Gas
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