UK subsea player lines up new gig in Brazil on deepwater oil project

UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin.

Illustration; Source: CRP Subsea

This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction, and installation (EPCI) company, will enable the UK player’s modular buoyancy modules to be utilized onboard an installation vessel, providing weight adjustments for subsea structures during installation in water depths over 2,000 meters.

To deliver six distinct variants, tailored to meet its customer’s unique specifications, CRP Subsea will provide tandem assemblies with uplifts of up to 46 metric tonnes, which is said to ensure adaptability and efficiency in demanding underwater environments.

The subsea player will design and manufacture the modular buoys at its production facility in the North West of England. While project engineering works are set to begin imminently, the delivery is expected later this year for offshore use in early 2025.

Gavin Moore, CRP Subsea’s Sales Manager, commented: “This project is the latest addition to our growing number of recent awards for the supply of modular buoyancy globally. It reaffirms our extensive track record and proven solutions for subsea buoyancy.

“These awards reflect the continued trust and confidence of our valued customers, with whom we have developed longstanding relationships over the years. Such recognition only serves to strengthen these important partnerships, paving the way for future collaborations.

The latest contract award comes a month after CRP Subsea got a hold of a deal to supply distributed buoyancy modules (DBMs) for a large gas field in the Indian Ocean, Western Australia.

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Prior to this, the British subsea firm got a contract to provide vortex induced vibration (VIV) suppression strakes and buoyancy modules destined for an ultra-deepwater oil field development project in the U.S. Gulf of Mexico.

In addition, the company recently landed another deal for distributed buoyancy modules for an oil field project offshore Brazil, following multiple contracts related to a deepwater project in Africa.