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Fugro Wins 3 ROV Support Vessel Contracts

Source: www.gulfoilandgas.com 10/25/2010, Location: South America

In partnership with vessel owners Greatship and Farstad, Fugro Brasil has been awarded 3 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. Greatship will be providing the vessels Greatship Rohini and Greatship Ramya and Farstad will be providing the vessel Far Scotia. The contract is for five years, with an option for an additional 5 years and the operations will commence early 2011.

These new ROV Support Vessel contracts will consolidate Fugroís leading 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 3 to 6.

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Related Categories: Barges  Boats  Commercial Vehicles - Buses  Commercial Vehicles - Trucks  Float Equipment  Flotation Cells  General  Helicopter  Passenger Cars  ROV  Tires  Vehicle Parts 

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