Petrobras Extends Contract With Subsea 7 for 3 PLSV Vessels in Operation

Written by Paulo Nogueira

Published on 04/09/2020 at 05:39

Updated on 04/09/2020 at 06:58

Navio PSLV Seven Waves – Subsea 7

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The PLSV Support Vessels Seven Waves, Seven Rio, and Seven Cruzeiro From Subsea 7 Will Continue Operating for Petrobras for Another Year

Subsea 7 has secured a one-year extension with Petrobras for the current long-term contracts with daily rates for three pipelay support vessels (PLSVs) operating offshore Brazil.

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Specifically, the extensions have a combined value of approximately $155 million, net of agreed reductions to current daily rates, and increase the order backlog for the four Brazilian PLSVs to $493 million as of August 31, 2020.

The Seven Waves, Seven Rio, and Seven Cruzeiro will operate with a new daily rate from August 1, 2020, for Petrobras.

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Curiosity – Characteristic Equipment of a PLSV Vessel

Summary: Some equipment is commonly present in the construction of vessels of this kind, such as: Reel or Spools, Tensioners, Cranes, Winches, Baskets, ROV, and DP System.

Reel or Spool: It is responsible for storing rigid or flexible pipes during transport to the launch site. When used for loading rigid pipes, reels must have a large internal diameter to minimize the plastic deformations to which the pipes will be subjected during winding. Current vessels of this type have internal diameters greater than 15 meters. Flexible pipes have a minimum bending radius that is an order of magnitude smaller than that of rigid pipes, around 3m. Contribution by Willys Tavares.

Petrobras Extends Contract With Subsea 7 for 3 PLSV Vessels in Operation

The PLSV Support Vessels Seven Waves, Seven Rio, and Seven Cruzeiro From Subsea 7 Will Continue Operating for Petrobras for Another Year

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Curiosity – Characteristic Equipment of a PLSV Vessel

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Petrobras Extends Contract With Subsea 7 for 3 PLSV Vessels in Operation

The PLSV Support Vessels Seven Waves, Seven Rio, and Seven Cruzeiro From Subsea 7 Will Continue Operating for Petrobras for Another Year

More Relevant Macroeconomic News

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In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

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