News > Three Long-term ROV Support Vessel Contracts
Three Long-term ROV Support Vessel Contracts
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 vesselFar 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.
CSIRO from Australia is undertaking a survey tour towards the Australian Bight for a baseline survey looking for oil traces in the water. The surveyors are deploying a CTD and a gravity corer measuring possible traces of oil in the water column. The survey mission also consists of hydrographic mapping techniques, GIS and environmental specialists to make sure the situation before exploration is mapped well in order to know what the environmental consequences of an eventual oil seepage or leak may consist of.