Fossil Energy – Brazil
Malaysia’s Sapura Energy has secured a contract extension worth approximately US$130 million with Petrobras offshore Brazil.
The two-year charter agreement for the Brazilian-flagged flexible pipelaying support vessel (PLSV) Sapura Esmeralda implies a dayrate of about $178,000 and is due to expire in August 2024.
The contract workscope includes the provision of services and the installation and recovery of flexible pipes offshore Brazil in water depths of up to 2500 metres.
Sapura’s Engineering & Construction division operates six pipelay vessels in Brazil, with a utilization rate of about 95%.