Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    More work for Subsea 7 offshore Brazil

    Projects and Operations // November 12, 2004
    Broker Marcon reports that Subsea 7/Siem Offshore's two pipelay vessels K3000 and Lochnagar are continuing work in Brazil.

    K3000 is expected to continue on the KBR Barracuda/Caratinga project at least through the end of the year.

    Lochnagar commenced a one year charter in July 2004, after which the vessel will undergo conversion work to make the vessel compliant with the recently awarded Hybrid vessel contract.

    Siem's supply/crew vessels in Brazil continued on contracts to Petrobras and achieved a utilization rate of 97 per cent in the third quarter 2004.

    In September, one of the vessels commenced a two month upgrade in preparation for a new four years contract for Petrobras as a standby vessel.

    More articles from this category

    More news