Petrobras has signed an engineering, acquisition, construction and subsea installation (EPCI) contract with Subsea7 for the Búzios 11 Project, worth R$8.4 billion, as a result of a competitive contracting process. The agreement is expected to generate over a thousand direct and indirect employees.

The contract establishes a minimum requirement of 40% local content, but the expectation is to reach a percentage above 50%.

According to Petrobras' Director of Engineering, Technology and Innovation, Renata Baruzzi, the increase in local content favors the management of the project. "It brings suppliers closer to the company, expands the development of the entire national supply chain and generates jobs", she states.

The Búzios 11 Production Development Project foresees the interconnection of 15 wells to the P-83 platform, with 8 producers and 7 alternating water and gas injectors. The start of the EPCI Búzios 11 offshore campaign is scheduled for October 2027. The Búzios consortium is composed of Petrobras (operator), the Chinese partner companies CNOOC, CNODC and PPSA, the company managing the production sharing contracts.