Subsea 7 SA awarded remote intervention services contract

Petrobras has awarded Subsea 7 SA’s i-Tech division two awards for remote intervention services, with a combined value in excess of $90 million.

Feb 20th, 2014

Offshore staff

LUXEMBOURG –Petrobras has awarded Subsea 7 SA’s (Oslo Børs: SUBC) i-Tech division two awards for remote intervention services, with a combined value in excess of $90 million.

The contract scope is for the provision of two ROVs and underwater positioning services onboard two ROV support vessels, theToisa Vigilantand theToisa Valiant. Both vessels will operate offshore Brazil for an initial four-year term with options to extend for up to another four years each.

02/20/2014

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