OSX was hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit
, in the north of the State of Rio de Janeiro. A PLSV is used for laying and installing flexible pipelines on the seabed.
Sapura is a wholly-owned subsidiary of Seabras Sapura Participações S/A, which is currently wholly owned by SapuraCrest Petroleum Berhad
, a company based in Malaysia
, where it holds a leading position in engineering and offshore transportation
& installation services
for the oil and gas industry
. SapuraCrest is currently in the process of obtaining its shareholders approval for a proposed joint venture with Seadrill Limited (SDRL)
, one of the world’s largest offshore drilling companies, listed in Oslo and New York, with a market value of approximately US$ 18 billion, operating a fleet of 48 offshore drilling rig
s worldwide and 14 rigs under construction. Seabras Sapura will
be the joint venture vehicle for the proposed joint venture.