Construction work on Santos Basin Oil Field Development located in Brazil commenced in Q3 2024, after the project was announced in Q1 2023. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q4 2027. To learn more about the Santos Basin Oil Field Development project, buy the profile here.

The project involves the development of an oil and gas field in Santos Basin pre-salt, offshore Brazil.

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The project includes the following:

1. Development of an oil field
2. Construction of FPSOs
3. Drilling of rigs and wells
4. Installation of an external turret mooring
5. Installation of control valves
6. Installation of subsea structures
7. Laying on pipelines

Construction on the project is expected to be completed by Q4 2027.

For more details on the Santos Basin Oil Field Development project, buy the profile here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.