Subsea 7 awarded contract extensions by Petrobras

Norwegian OSV operator Subsea 7 has entered into an agreement with Petrobras to extend the current long term day-rate contracts for three pipelay support vessels (PLSVs) by one year.  The Seven Waves, Seven Rio and Seven Cruzeiro will operate at a new day-rate from August 1 and their firm contract periods will now end in …

splash247