Fugro Wins Brazilian ROV Contract

Fugro Oceansatpeg in Brazil, has been awarded a 2-1/2 year ROV rig support contract with Petrobras to supply and operate a Sea lion 125 HP DW 3000m work class ROV and tooling on board the Noble Paul Wolf. Contract value is approximately US $4.0 million.

Furthermore, Petrobras has extended two of Fugro's existing contracts or the ROV's Sea Lion 100HP and Dolphin 125HP for a further two years on board the rigs Ocean Winner and Pride Carlos Walter respectively. The estimated value is US $5.0 million.

With the recent award of the 2 year ROV Survey Vessel with two ROV's, Fugro now operates 11 vehicles in Brazil in support of Petrobras and other international oil companies which demonstrates Fugro's commitment to Brazil.

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