Petrobras, Brazil’s state-run energy giant, has formally opened South America’s largest-capacity natural-gas pipeline, the 179-kilometer Gasduc III, near Rio de Janeiro, which required tunneling 3.8 km through Santana Mountain. The 40-million-cu-m-per-day, 38-in.-dia pipeline was built by Odetech, a joint venture of Odebrecht and Techint Engenharia. It is the largest-dia gas pipeline in South America.The pipeline awaits the completion later this year of the Caraguatatuba-Taubaté (GASTAU) gas pipeline, which will receive gas coming from the Santos Basin in the Atlantic Ocean.
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.