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Petrobras awards Technip/DOF Subsea JV ~$3.5bn in contracts for four new pipelay support vessels; ultra-deep water capabilities

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Two of the vessels, of VARD 3 05 design, will be delivered in 2Q 2016 and 3Q 2016 respectively. The hulls of these vessels will be built at Vard Tulcea in Romania and outfitted at Vard Søviknes in Norway. Delivery of the PLSVs is scheduled for 2016-2017.

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