Mike Rose, president and chief executive officer of VES, stated that this contract award is a direct result of the extremely dedicated and talented team within the marine group. “In a few short years, we have grown from a small Great Lakes diving group into a full service Inspection Maintenance and Repair (IMR) provider for our Gulf of Mexico customers. This contract will allow us to increase our services and support our strategic growth plans.”
The one-year contract comprises of a substantial amount of subsea engineering and project management across four in-field campaigns. While in the field the Viking Poseidon will provide offshore construction and installation, including flying leads and jumper installations, work that is critical path prior to production of the first hydrocarbons from the field. Engineering and pre-field work has already begun and the Viking Poseidon will enter the field on September 15, 2009, to begin the first campaign.
Petrobras’s Cascade and Chinook FPSO facility will accept production from the two fields. According to Petrobras, the schedule calls for installation of the FPSO early in 2010. The FPSO will be located in about 2,600 meters of water, will be the first in the US Gulf of Mexico and will be the world’s deepest FPSO to date.
