Subsea 7 wins long-term pipelay work offshore Brazil

Petrobras has awarded Subsea 7 (Oslo Børs: SUBC) a $450-million contract for use of the pipelay support vessel Seven Phoenix for five years.

Offshore staff

LUXEMBOURGPetrobras has awarded Subsea 7 (Oslo Børs: SUBC) a $450-million contract for use of the pipelay support vessel Seven Phoenix for five years. Operations start during the current quarter.

The contract work scope comprises project management, engineering and installation of flowlines, umbilicals, and equipment supplied by Petrobras. The vessel has operated for Petrobras for several years.

7/02/2013

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