SapuraKencana’s fourth support vessel starts work for Petrobras

KUALA LUMPUR: SapuraKencana Petroleum Bhd's fourth pipe-laying support vessel (PLSV) has started work with Petróleo Brasileiro S.A (Petrobras) as it expands its operations in Brazil.

SapuraKencana said on Friday the vessel, Sapura Jade, had started its operations on Feb 14, which was the fourth of such vessel after the Sapura Diamante on June 28, 2014.

Its Brazilian JV company Sapura Navegacao Maritima (SNM) is undertaking the offshore operations for Petrobras. SNM is a 50:50 venture with offshore drilling company Seadrill Ltd.
In November 2011 and in June 2013, SNM was awarded two major contracts by Petrobras worth US$4.1bil to build and operate a total of six PLSVs for offshore deepwater flexible pipelay work in Brazil. 

The Sapura Jade is the fourth of a series of six PLSVs hired under a long-term contract by Petrobras for deepwater flexible pipelay work in Brazil. Other PLSVs already in service with Petrobras includes the Sapura Diamante, Sapura Topázio, and Sapura Ônix, all of which started work on schedule or ahead of schedule and continue to operate at strong utilisation rates. 

SapuraKencana president and group CEO Tan Sri Shahril Shamsuddin said: “SapuraKencana is committed to delivering its promise on the PLSVs to Petrobras. The commencement of our fourth PLSV demonstrates our confidence in our Brazilian venture and mutually, Petrobras’ continued belief in our ability to deliver top operational performance.”

Following the Sapura Jade, the final two PLSVs, the Sapura Esmeralda and the Sapura Rubi are set to be delivered progressively in 2016. 

Similar to previous vessels, Sapura Jade is equipped with a 550 tonne vertical (tiltable) lay system for the deployment of a range of flexible products in up to 3,000 metres water depth for Petrobras’ pre-salt developments offshore Brazil. 

It is also fitted with world class remotely operated vehicles (ROVs) developed and built by SapuraKencana’s Australian subsidiary, Total Marine Technology Pty Ltd.
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