With a project value of $6,500 million, the Petroleo Brasileiro – Jubarte Offshore Oil Field Development – Brazil project was the largest construction project in Brazil, on which construction started in Q4 2022. The Petroleo Brasileiro – Jubarte Offshore Oil Field Development – Brazil project is located in Brazil and initially announced in Q3 2017 with an estimated completion in Q4 2024. The Petroleo Brasileiro – Pre-Salt Submarine Fiber Optic Cable Network – Brazil project was the second-largest project with a project value of $965 million, on which construction work started in Q4 2022. The Petroleo Brasileiro – Pre-Salt Submarine Fiber Optic Cable Network – Brazil project is located in Brazil and initially announced in Q3 2015 with an estimated completion in Q4 2023.
The Scala Data – Jundiai Data Center – Sao Paulo project was the third-largest project, the Scala Data – Barueri SP5 Data Center – Sao Paulo was the fourth-largest project, and the DER Sao Paulo – M Boi Mirim Road Duplication – Sao Paulo was the fifth-largest project with a project value of $806 million, $73 million and $65 million respectively. The Scala Data – Jundiai Data Center – Sao Paulo project located in Jundiai, Brazil was announced in Q1 2021 with an estimated completion in Q4 2023, the Scala Data – Barueri SP5 Data Center – Sao Paulo project located in Barueri, Brazil was announced in Q1 2021 with an estimated completion in Q4 2023 and the DER Sao Paulo – M Boi Mirim Road Duplication – Sao Paulo project located in Sao Paulo(CITY), Brazil was announced in Q3 2019 with an estimated completion in Q1 2026.
Among the five largest projects, the DER Sao Paulo – M Boi Mirim Road Duplication – Sao Paulo project is the longest in terms of completion date, with construction expected to be completed in Q1 2026. On the other hand, the Petroleo Brasileiro – Pre-Salt Submarine Fiber Optic Cable Network – Brazil project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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