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.
Image (c) McDermott
“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:
Singapore-based Seatrium Limited, formerly known as Sembcorp Marine, has signed a leniency agreement with Brazilian authorities and a deferred prosecution agreement (DPA) with Singapore authorities in connection with the sprawling...
(Bloomberg) — Constellation Oil Services Holding SA’s bondholders are reaping a windfall due to increased demand for the company’s offshore rigs from Petroleo Brasileiro SA, a sharp recovery for a...
TechnipFMC (NYSE: FTI) has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract worth over $1 billion from Petrobras. The contract is for the Mero 3 HISEP project, which...
January 4, 2024
Total Views: 1752
Get The Industry’s Go-To News
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
— just like 107,476 professionals
Secure Your Spot
on the gCaptain Crew
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
— trusted by our 107,476 members
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.