Prosafe Emerges as Lowest Bidder in Brazil Offshore Tender

Laxman Pai
Friday, January 25, 2019

European owner and operator of semi-submersible accommodation vessels Prosafe has submitted the largest bid in two online auctions for the supply of safety and maintenance support vessels to Brazil.

"Prosafe has participated in an online auction for the supply of safety and maintenance support vessels to Brazil and on conclusion of the auction achieved first place commercial ranking," said a statement from the operator of offshore accommodating units known as flotels.

The auction concluded on 23 January 2019 was related to a two batch public opportunity with each resulting contract being for a three year duration.

With Prosafe being ranked first place in both batches, the client will nominate which batch the Safe Eurus will be allocated. There now follows a compliance evaluation process before the contract will be formally awarded.

Upon conclusion of the process and anticipated contract award, Prosafe will deliver the Safe Eurus within 150 days and commence operations creating synergies with her sister vessel, Safe Notos already on charter offshore Brazil.

The commercial flexibility afforded to Prosafe through very attractive delivery and financing terms with COSCO Shipping (Qidong) Offshore Co. Ltd has created a significant competitive advantage in the process.

Categories: Support Vessel Maintenance & Repair Support Vessels

Related Stories

CNOOC Starts Production from Deepwater Gas Project in South China Sea

IK Group Spins Off Norclamp

Izomax Wins a Milestone Contract with Shell

MOL Increases Stake in MODEC

A Hydrogen Balancing Act in Offshore Energy

"World's Most Powerful Floating Wind Turbine" Sets Sail

China’s First Offshore Wind Power SOVs Delivered

Profit Decline, Reserves Downgrade Drag Beach Energy to 2.5-year Low

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie

Current News

Valeura Energy Consolidates Thai Oil and Gas Assets

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Floating Wind and the Taming of Subsea Spaghetti

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

Equinor Tries Again for a Japan Offshore Wind Lease

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

CNOOC Starts Production at Another Oil Field in South China Sea

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com