LUXEMBOURG – Petrobras has awarded Subsea 7 SA a five-year contract to provide a dedicated deepwater flexible pipelay vessel for use offshore Brazil.
The $500-million contract means Subsea 7 will construct a newbuild vessel for $350-million. The vessel will be 146 m (479 ft) long, 30 m (98 ft) of beam, and a Class 2 dynamic positioning system.
Further, it will be equipped to transport and install flexible flowlines and umbilicals in 3,000 m (9,842 ft) water depths. Equipment is to include a tiltable lay system with top-tension to 550 metric tons (606 tons), two under-deck storage carousels, deck crane, and two ROVs.
Delivery is scheduled for the second half of 2014.