Brava awards drilling, subsea contracts for two offshore Brazil projects

Brava Energia has contracted the Lone Star semisubmersible rig from Constellation Oil Services for up to five wells on the Atlanta and Papa-Terra oilfields offshore Brazil.

The planned campaign will comprise drilling and interconnection of two wells on each field, and potentially a fifth on the Malombe accumulation, via a subsea connection to the Peroa offshore complex: in this case, Brava expects to take FID in Q2, 2025.

OneSubsea will supply two subsea trees for the Atlanta wells: these items are already available for the Papa-Terra and Malombe wells.

Baker Hughes will provide flexible pipelines and risers for Atlanta wells, with an option for further deliveries for Malombe. Papa-Terra’s wells will connect to existing lines.

Brava estimates the full value of the contracts for the first four wells at around $200 million, with payments made based on contractual milestones.