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Petrobras Awards Subsea 7 With Offshore Pipelaying Contract


Subsea 7 S.A. has been awarded a contract worth in excess of USD 350 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Kommandor 3000 on a day rate basis for five years. Kommandor 3000 will start operations under the contract in 2013, note that during the year Kommandor 3000 will spend approximately 90 days in dry-dock for maintenance.