New contract for Fugro in Brazil

Contracts, Tenders and Rates - August 4, 2008

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Fugro Brasil and vessel owner Sealion Shipping have been awarded a three year contract by Petrobras for inspection, repair and maintenance work in the Santos and Campos Basins, north of Rio de Janeiro, Brazil.

The project will get under way in September 2008, and is valued at US$137 million for three years.

Fugro will operate the diving support vessel Toisa Sentinel with an 18-man, 350m saturation dive system and two ROVs, one for water depths up to 3,000m and one for waters depths up to 1,500m.

Fugro has operated with Sealion Shipping onboard Toisa Sentinel for many years and has performed many dives in water depths up to 350m without incident in that time. The ROVs are used to monitor divers and to carry out inspection, repair and maintenance works in waters up to 3,000m.

With other recent awards and ongoing contracts, Fugro now operates 14 ROVs in Brazil.

Four additional new ROVs are scheduled for delivery to Brazil later this year.

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