Petrobras awards Skandi Santos a contract extension

Offshore staff

OSLO, NorwayAKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a subsea equipment support vessel, in Brazil.

The extension, worth about NOK 2.5 billion ($387 million), starts March 1, 2015, in direct continuation of its current contract. The vessel is currently operating under a five-year contract with Petrobras that began March 1, 2010.

The Skandi Santos is designed to install and retrieve subsea trees and modules, including subsea structures and manifolds at water depths to 2,300 m (7,546 ft). The vessel will continue its current scope of work and also start installing Petrobras' new generation of subsea trees offshore Brazil.

The Skandi Santos and the installed ROVs are owned by DOF Subsea and leased to AKOFS Offshore, which owns and operates the vessel's topside and subsea equipment.

09/29/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...