Subsea 7 Wins More Brazil Work for PLSVs

UK-based oilfield services Subsea 7 reported Monday that it had won two contracts with a combined value in excess of $600 million to provide pipelay support vessels (PLSVs) to Petrobras.

The contracts will see the PLSVs Seven Mar and Seven Condor operating for Petrobras on a day-rate basis for approximately three years, with operations starting toward the end of 2013 for Seven Mar and in the third quarter of 2014 for the Seven Condor.

The contracts are effectively an extension, since both vessels have operated for Petrobras for several years and are currently under contract to the firm. The work scope comprises project management, engineering and installations of flowlines, umbilicals and equipment supplied by Petrobras.

Petrobras' senior vice president for Brazil, Victor Bomfim, commented in a company statement:

"Following on from the renewal of contracts for the K3000, Seven Phoenix and Normand Seven, the renewal of contracts for Seven Mar and Seven Condor further strengthens our presence in the day-rate PLSV business segment in Brazil, and we look forward to supporting Petrobras in future developments."

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)
 -  Xodus Wins Apache North Sea Well Contr... (Jan 23)
 -  FAR: SNE 5 Appraisal Well Spuds Offsho... (Jan 23)
 -  Scottish Government Reveals New Subsea... (Jan 20)
 -  SOFF Secures Services Contract for Jan... (Jan 20)


Most Popular Articles

From the Career Center
Jobs that may interest you
Automation Technician - DJ Basin - CO
Expertise: Field Comm / SCADA|Field Service Tech|Instrumentation Technician
Location: Greeley, CO
 
Rockies Area Operations Manager
Expertise: Mud Engineer / Drilling Fluids|Well Servicing & Testing
Location: Denver, CO
 
Drilling Chokes Operator
Expertise: Field Service Tech|Well Servicing & Testing
Location: Odessa, TX
 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours