OSLO, Norway, Dec. 9, 2021 /PRNewswire/ -- Akastor ASA's (OSE:
AKAST) 50% owned affiliate AKOFS Offshore AS (AKOFS Offshore) has
signed a firm three-year contract with Petróleo Brasileiro S.A.
(Petrobras) for its vessel "Skandi Santos" which will perform a
broad scope of subsea services in Brazil. The services will commence in Q4 2022
and the total contract value is about USD
107 million. AKOFS Offshore will be performing the Skandi
Santos operations with its partners Bravante for marine services
and IKM Subsea for ROV services.
The Skandi Santos is designed to install and retrieve subsea
trees and modules, including subsea structures and manifolds at
water depths of up to 2,500 meters. The vessel is now completing
its current contract with Petrobras which began March 1, 2010.
AKOFS Offshore, headquartered in Oslo,
Norway, is a global provider of vessel based subsea well
intervention and installation services to the oil and gas industry.
In addition to the vessel "Skandi Santos", it also operates the
vessels "Aker Wayfarer" and "AKOFS Seafarer", respectively for
Petrobras and Equinor. The Company is owned by Akastor AS (50%),
Mitsui & Co., Ltd (25%) and Mitsui
O.S.K. Lines, Ltd. (25%).
For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
E-mail: oyvind.paaske@akastor.com
This press release may include forward-looking information or
statements and is subject to our disclaimer; see
https://akastor.com.
Akastor is a Norway-based
oil-services investment company with a portfolio of industrial
holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.
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SOURCE Akastor ASA