Petrobras has let a long-term charter and services contract to TechnipFMC for the pipelay support vessel Coral do Atlântico.
The Brazilian-registered vessel has been secured on a 3-year contract, with an option to extend. Operations offshore Brazil are expected to begin in second-quarter 2022.
Coral do Atlântico—the third TechnipFMC pipelay support vessel to be contracted via a long-term charter by Petrobras this year—will mainly be deployed in ultra-deepwater of up to 3,000 m, but can work in deep or shallow water, the service provider said.
The contract is valued by TechnipFMC at $250-500 million.