Petrobras hands out $350 million of new work
Petrobras has handed offshore construction group Subsea 7 a new US $350 million deal for the provision of a deepwater pipelay vessel under a five a year charter.
Subsea Kommandor 3000 has been contracted by Petrobras for five years commencing this year under the day-rate deal worth approximately $350 million.
Under the deal Subsea 7 will provide project management, engineering and installation for flexible lines and other equipment supplied by Petrobras.
Subsea Kommandor was purpose built as a flexibile pipelay vessel for the installation of flexibles, umbilicals and subsea equipment.