Gulfmark gets Brazil contract
The new vessel, a UT 719-2 design, will be constructed at an approximate cost of $24 million in Brazil by the Estaleiro Promar yard, with delivery anticipated in the third quarter of 2004.
The ship will support FPSO operations in the field by assisting with the mooring and towing of the loading tankers. In addition, it will support ROV operations involved in the inspection and examination of subsea equipment as well as the hull of the FPSO. The vessel will also be equipped to handle firefighting, environmental and life saving functions.
A vessel from Gulfmark's existing fleet will act as a front runner for the newbuild Brazilian vessel and will be mobilized to Brazil in time for the startup of production operations in the Bijupira and Salema fields, currently estimated to begin in mid-2003.
Bruce Streeter, president and COO, commented on the new contract: "We are pleased to have been awarded this contract and to be a part of the Bijupira and Salema project. This is an opportunity for GulfMark to be a licensed, direct participant in the rapidly growing Brazilian offshore sector and is a further example of our efforts to expand our modern, technologically advanced deepwater fleet in international locations."