POSH Xanadu SAV Bags Contract to Work in Brazil's Campos Basin

PACC Offshore Services Holdings Ltd. (POSH or the Group), a Singapore-based offshore marine services provider, disclosed Thursday that it has secured a one year contract for its POSH Xanadu semisubmersible accommodation vessel (SSAV).

Under the terms of the contract, POSH Xanadu will continue to support the client’s oil and gas production activities in the Campos Basin, offshore Brazil.

Designed for deepwaters and harsh operating environments, POSH Xanadu can accommodate up to 750 passengers with top-of-the-line safety and comfort features for offshore workers.

Chief Executive Officer of POSH, Captain Gerald Seow, said, “We are delighted to announce the contract as it testifies to POSH Xanadu’s excellent performance and service. Despite facing adverse weather conditions during certain periods over the past year, she was able to achieve 100 percent operational uptime even when all other floatels in the area had disconnected. We are proud of our team which has delivered on our promise of operational excellence to our client.”

“We remain appreciative of our client’s trust in us and will continue to focus on delivering best-in-class service for our customers at all times.”

Besides housing quality accommodation, catering, recreational facilities and a hospital for crew on board, POSH Xanadu offers a wide range of workspace solutions such as conference rooms, modern workstations, workshops, warehouses and two large offshore cranes. She is certified by Det Norske Veritas, a leading international certification and classification group, as a “Clean Comfort Class” vessel, which is awarded to vessels that comply with stringent noise and vibration control requirements for crew comfort and as well as robust environmental emission standards.

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