Petrobras books another AKOFS Offshore subsea services vessel

Norwegian AKOFS Offshore has signed a firm contract for Aker Wayfarer that will continue to perform services as a subsea equipment support vessel (SESV) for Petrobras in Brazil.

Source: AKOFS Offshore

The duration of the contract is almost four years and the services will commence in the first half of 2023.

AKOFS Offshore will perform the operations jointly with partners Bravante for marine services and Oceaneering for ROV services.

Total contract value is about $282 million, of which about $198 million will be revenue allocated to AKOFS Offshore and included in the company’s backlog.  

In addition to the 157-meter long Aker Wayfarer, AKOFS Offshore operates the AKOFS Santos and AKOFS Seafarer.

The Oslo-headquartered company is owned by Akastor AS (50%), Mitsui & Co. (25%) and Mitsui O.S.K. Lines (25%).

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At the end of 2021, Petrobras awarded AKOFS Offshore with a three-year contract for its SESV Skandi Santos to perform a scope of subsea services in Brazil.

Work is set to commence in the fourth quarter of 2022.

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