Three Long-term ROV Support Vessel Contracts - 25/10/2010
In partnership with vessel owners Greatship and Farstad, Fugro Brasil has been awarded three long-term contracts for ROV support vessels by Petrobras. The value of the tripartite contracts for Fugro is approximately USD 140 million and will involve ROV services and positioning. The contract is for five years, with an option for an additional 5 years and the operations will commence early 2011.
Greatship will be providing the vessels Greatship Rohini and Greatship Ramya and Farstad will be providing the vessel Far Scotia. These new ROV support vessel contracts will consolidate Fugro's position as a supplier of ROV services in the IRM (Inspection Repair and Maintenance) market in Brazil, increasing the number of Fugro ROV Support Vessel contracts from three to six.
Last updated: 25/10/2010