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Aker Solutions Wins Lapa South West Subsea Contract in Brazil

January 17, 2023

Aker Solutions has been awarded with a sizeable[1] contract by TotalEnergies to provide the subsea production system, tools and all related EPCI interfaces for the Lapa South West field Construction, in the pre-salt Santos Basin offshore Brazil. The development concept is a subsea tie-back to the Cidade de Caraguatatuba FPSO, using existing facilities and infrastructure.

Aker Solutions will deliver a subsea production system including up to three subsea trees and control systems, tie-in, structures and subsea umbilicals, as well as associated equipment and installation work. The scope also covers EPCI interface management, in partnership with Saipem Brazil, and Control System upgrade of the existing Lapa South West subsea trees. Work starts immediately with deliveries scheduled from the first quarter of 2024 until the fourth quarter of 2024.

“We are pleased to be selected to execute the Lapa South West subsea project. The Brazilian offshore market is becoming increasingly diverse with regard to work scope and customer opportunity. We look forward to extending our long-standing relationship with TotalEnergies, as representative of Lapa JV, to the Brazilian market and to further enhance the hydrocarbon potential of Brazil,” said Maria Peralta, Executive Vice President and head of Aker Solutions' Subsea business.

About the field
The Lapa field is located in the pre-salt Santos Basin, under the BM-S-9A concession, at 2,150 meters of water depth offshore Brazil. The Lapa Field Consortium is comprised of TotalEnergies (45%), Shell (30%) and Repsol Sinopec Brasil (25%).

The contract will be booked as order intake in the first quarter of 2023 in the Subsea segment.

¹Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and NOK 1.5 billion

ENDS

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 15,000 people in more than 20 countries.

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This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com