McDermott bags major offshore contract for Wahoo field in Brazil

McDermott has clinched a significant transportation and installation contract from PRIO (previously known as PetroRio) for the Wahoo field, situated offshore Brazil. This new contract places McDermott at the forefront of offshore operations in the region, highlighting the firm’s robust capabilities in the sector.

Contract Highlights:

• McDermott is tasked with the transportation and installation of about 19 miles (30 kilometers) of coated 10-inch rigid pipelines, coupled with related subsea structures.
• These pipelines are intended to seamlessly connect the Wahoo field to the Frade floating production storage and offloading unit.
• An additional extension option for a subsequent pipeline is also encapsulated within the contract.

Mahesh Swaminathan, McDermott’s Senior Vice President, Subsea and Floating Facilities, shared his insights on the newly acquired contract. “This award amplifies our offshore installation acumen in the region. McDermott’s unparalleled subsea installations, cutting-edge vessels, profound technical know-how, and cooperative approach propel us to ensure the triumphant execution of this venture.”

Location and Execution Details:

The Wahoo field is strategically situated approximately 19 miles (30 kilometers) north of the Frade field, a well-established production hub in Brazil’s Campos basin. To streamline the project, McDermott’s proficient team stationed in Rio de Janeiro will spearhead project management and engineering processes. Moreover, the installation proceedings will be conducted by one of McDermott’s advanced rigid pipelay vessels.

In a nutshell, this deal cements McDermott’s prominence in offshore Brazil operations, setting the stage for further growth and collaborative ventures in the region.