View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
October 21, 2013

Subsea 7 secures two contracts worth $600m from Petrobras

Subsea 7, a Luxembourg-based firm that provides seabed-to-surface engineering, construction and services, has secured two contracts worth over $600m from Brazilian multinational energy firm Petrobras to operate two Pipelay Support Vessels (PLSVs) offshore Brazil.

By admin-demo

Subsea

Subsea 7, a Luxembourg-based firm that provides seabed-to-surface engineering, construction and services, has secured two contracts worth over $600m from Brazilian multinational energy firm Petrobras to operate two pipelay support vessels (PLSVs) offshore Brazil.

The two PLSVs are Seven Mar, which will begin operations at the end of 2013, and Seven Condor, which will start operations in the third quarter of 2014.

Under the deal, Subsea 7 will operate the vessels on a day rate basis for around three years.

The contract, which includes project management, engineering and installation of flowlines, umbilicals and equipment supplied by Petrobras, will be similar to that of other PLSVs, which Subsea 7 currently operates offshore Brazil.

The 145m length and 27m breadth Seven Mar is an advanced construction/flexlay vessel that features a 340t tension flexible lay system, two 1,600t below deck storage carousels, a 300t main crane, a 400t heave-compensated subsea deployment winch, two workclass remotely operated underwater vehicle (ROVs), and accommodation for 121 people.

The Seven Condor is a high capacity construction/flexlay vessel that is ideally suited for deepwater flexible pipelay operations.

The vessel has a length of 145m, breadth of 22.62m, 70t main crane, 250t A-frame, 1,600t below deck storage carousel, 230t top tension flexible lay system, 1,100m² deck area and two workclass ROVs.

Both the vessels have already operated for Petrobras for several years and are currently under contract with Petrobras.

Subsea 7 Brazil senior vice president Victor Bomfim said, "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."


Image: The pipelay support vessel, Seven Mar, can accommodate 121 members. Credit: SUBSEA 7.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Ship Technology