Petrobras awards pipelay contract to Subsea 7
Petrobras has awarded a $110-million, two-year contract to Subsea 7 Inc. for the exclusive use of Subsea 7’s pipelay vessel Lochnagar.
“We are delighted to have the opportunity of a new two-year contract with Petrobras," said Victor Bomfim, Subsea 7’s Regional Vice President, Brazil. "This contract further consolidates our position in the important flexible pipelay market in Brazil.” .
TheLochnagar is a pipelay support vessel specifically equipped for the installation of flexible pipelines in up to 2,000 m water depth with a top tension capacity of 255 tons. It has been operating in Brazilian waters for a number of years during which time it has built up a six-year incident-free record, the company said.