Subsea 7 will build and operate three, flex-ible, pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines, umbilicals, and equipment supplied by Petrobras.
The three new PLSVs will be based on similar design to the Seven Waves, and will be built in the province of South Holland at the IHC Merwede shipyard. The vessels are scheduled to be delivered in 3Q 2016, 4Q 2016 and 2Q 2017.
The PLSVs are designed to operate in 3000m water depths, and will be equipped with a pipe-lay system for installing flexible flowlines and umbilicals, including a lay system tower with 550-tonne, top-tension capability, twin underdeck baskets, for stor-ing up to 4000tonne of flexible flowlines, and two state of the art ROVs. Total cost of the three vessels, inventories, commis-sioning, and mobilization to Brazil, is about US$950 million