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7/26/2010 - FUGRO SECURES LONG-TERM DIVING CONTRACT FROM OTTO CANDIES |
| Fugro Brasil Serviços Submarinos e Levantamentos Ltda. has been awarded a long-term diving contract by Otto Candies for Petrobras in Brazil. The three-party contract has a value for Fugro of approximately $100 million and involves ROV and diving services. Otto Candies is providing the DSV and the contract will be managed jointly. It is a five-year contract with an additional five-year option, with operations commencing mid-2011.
The newbuild vessel KELLY ANN is being mobilized at Candies shipyard in the USA with a 14 man, 300m-rated saturation diving system, a work class ROV (FCV 3000) and an observation ROV (Lynx). The vessel will be engaged with Inspection Repair and Maintenance (IRM) activities along the Brazilian coast. |
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