McDermott International’s Lay Vessel North Ocean 105 (LV105), a deepwater reeled pipelay installation vessel, will be heading to work at Brazil’s pre-salt and Campos Basin area as part of a 200-day charter contract announced today.
Beginning in Q3 2014, the LV105 will carry out deepwater umbilical and flexible pipe installation via its 400 metric ton-rated active heave compensated main crane.
“This new contract award highlights Petrobras’ ongoing confidence in McDermott to deliver leading subsea installation solutions,” said Tony Duncan, Executive Vice President, Subsea. “The charter also supports our vessel utilization targets as during the second half of 2014 McDermott will have three deepwater vessels on charter to Petrobras.”
Want to learn more about the LV105? Watch this video: