TechnipFMC awarded pipelay support vessel contract with Petrobras

UK-headquartered subsea giant TechnipFMC has won a long-term charter and services contract from Brazilian oil major Petrobras worth between $250m and $500m for the 2014-built pipelay support vessel (PLSV) Coral do Atlântico.

The Brazilian-registered vessel has been secured on a three-year contract, with an option to extend. The PLSV will mainly work in ultra-deepwater of up to 3,000 m, with operations offshore Brazil scheduled to commence in the second quarter of next year.

“Coral do Atlântico is the third of our pipelay support vessels to be contracted via a long-term charter by Petrobras this year, indicating rising demand in the Brazilian market for flexibles,” said Jonathan Landes, president, subsea at TechnipFMC.

Earlier in August, TechnipFMC and its joint venture partner DOF Subsea sealed a three-year deal with Petrobras for PLSVs Skandi Vitória and Skandi Niteroi.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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