Petrobras extends platform maintenance contract with Skanska

Skanska has renewed two contracts to perform maintenance services on offshore platforms for Petrobras in the area of Macae, Brazil.

The combined amount of the contracts is about $87 million (BRL 192 million, about SEK 547 million), which will be included in order bookings for Skanska LA in the third quarter of 2014.

The contracts comprise the execution of electrical and mechanical maintenance services on equipment installed in fifteen offshore platforms during a two-year period.

Bacia de Campos produces 1.2 millions of barrels per day, constituting the 82% of the Brazilian oil production. There are also 19 millions m3 of gas per day.

Press Release, July 15, 2014