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DOF Secures $2 Billion Brazil RSV Contracts

DOF Group ASA secured four 12-year charter and service contracts in Brazil for newbuild RSVs supporting Petrobras deepwater IMR operations, with a total contract value close to $2.0 billion.
Image source: DOF

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DOF Group ASA has secured four long-term charter and service agreements in Brazil for newbuild ROV Support Vessels (RSVs), strengthening its position in the country’s offshore subsea market.

The contracts, awarded after a competitive tender process, each carry a duration of 12 years and will support subsea inspection, maintenance and repair (IMR) operations for Petrobras’ deepwater fields. Contract commencement is expected from 2030.

The agreements will lead to the construction of four new RSVs in Brazil. The Navship yard is expected to build the vessels, with delivery of the first two units planned within four years after contract signing to align with the operational start schedule.

The vessels are planned as DP2 units measuring about 98 m in length, 20 m in beam and 6.3 m in draft. Each vessel will feature an offshore subsea crane, accommodation capacity for up to 58 personnel and two work-class remotely operated vehicles (WROVs). The RSVs will also carry ABS classification.

According to DOF, the newbuildings are designed as “green vessels” using hybrid propulsion arrangements combining ethanol, diesel and battery packs.

Mons S. Aase, CEO of DOF Group ASA, said the awards support low-risk fleet growth while renewing the company’s subsea fleet with environmentally focused tonnage.

He added that the contracts underline the long-term strength of Brazil’s offshore oil and gas sector and reinforce the company’s position in one of the world’s most attractive subsea markets.

The total contract value is close to $2.0 billion.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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