Skandi Santos Extends Brazil Stint

AKOFS Offshore, a part of recently re-named Akastor ASA (former Aker Solutions ASA), has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil.

The extension, worth about NOK 2.5 billion (USD 387m), will start on March 1, 2015 in direct continuation of current contract. The vessel is currently operating under a five-year contract with Petrobras that began on March 1, 2010.

The Skandi Santos is designed to install and retrieve subsea trees and modules, including subsea structures and manifolds at water depths of up to 2,300 meters.

The vessel will during the contract extension period continue with its current scope of work and also start installing Petrobras’ new generation of subsea trees offshore Brazil.

The Skandi Santos and the installed remotely operated vehicles are owned by DOF Subsea and leased to AKOFS Offshore, who owns and operates the vessel’s topside and subsea equipment.