Aker Solutions signs contract with Petrobras for Jubarte subsea equipment

Aker Solutions has signed a contract with Petrobras to supply eight subsea boosting systems (Mobo) and one ESDV (emergency valve) for the Jubarte field, located in the north of Campos Basin offshore Brazil. Contract value is approximately US $37 million.

This contract follows a similar job for eight subsea boosting systems which was awarded to Aker Solutions in May 2007. Compared to the previous project, improvements have been made in the project scope to optimize oil production, such as changes in flow lines to reduce pressure loss. Additionally, pressure in the pump has increased from 3600 to 5000 PSI. There will also be changes on valves, pipes and structures, besides the inclusion of nine new tools to support the installation.

"In addition to the inherent technological innovations, this new subsea boosting system provides a significant intervention cost reduction compared to existing market technologies," said Marcelo Taulois, President - South America, Aker Solutions.

"Among all Mobos purchased by Petrobras in Brazil, Aker Solutions has been responsible for selling 16 units, which represents a 76% market share. We are proud of our subsea boosting technology's strong market position," added Taulois.

The equipment will be manufactured in Curitiba, Aker Solutions' headquarters in Brazil. Contract party in Aker Solutions do Brasil ltda.

In September 2009, Aker Solutions successfully completed the installation of the first Mobo manufactured in Brazil. The pump was installed at 1590 meters deep in Golfinho field.