Petroserv Sa News

The offshore industry, and specifically Brazil, continue to be a driver for maritime markets, as Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., signed contracts with Sete Brasil Participações S.A. (Sete Brasil), for the design and construction of five additional semisubmersible (semi) drilling rigs for approximately $4.1b, following the Letter of Intent announced in April 2012. The five semis will be based on Keppel's DSSTM 38E design, which has improved capability and operability, making it well suited to meet the stringent requirements of the deepwater "Golden Triangle" region of Brazil, Africa and the Gulf of Mexico. The semis are scheduled for delivery in 4Q 2016, 3Q 2017, 2Q 2018, 4Q 2018, and 3Q 2019 respectively.

Brazil Offshore Services (BOS), which is a joint venture between Farstad Shipping ASA and Petroserv SA, formally announced the contracts for three different classes of anchorhandling vessels, each of 8 years duration in the present Petrobras tender. With the first of three contracts awarded to BOS by Petrobas on April 15, 2002, it is now formally confirmed that BOS was awarded the other two contracts. Total contract value for the three contracts for Petrobras is approximately $183 million. The contracts are expected to start around the turn of the year 2005/2006.

According to reports, Daewoo Shipbuilding and Marine Engineering has said it had won 1.1b dollar in orders to build an oil rig and a drilling ship for Brazilian and U.S. clients. Brazil's Petroserv SA has ordered the semi-submersible drilling rig while Transocean Inc of the United States has ordered the drillship, the shipbuilder said, disclosing no further details on contract terms. The latest deals brought the firm's total orderbook for this year to 36 vessels worth 7.76b dollars. It targets 10b dollars in new orders this year. Source: AFP