Page 28: of Marine Technology Magazine (November 2013)

McDermott International said that one of its subsidiaries en-tered into an agreement with Petrobras for a short term charter to supply its subsea construction vessel North Ocean 102. The NO102 will carry out deepwater umbilical and ß exible pipe installation offshore Brazil and is expected to begin work dur- ing the third quarter of 2014. ÒThis contract award highlights PetrobrasÕ conÞ dence in McDermott as a signiÞ cant player in the subsea industry,Ó said Tony Duncan, Vice President and General Manager, Subsea, for McDermott. ÒThe performance of our Þ rst pipelay support vessel in Brazil, the Agile, has pro- vided Petrobras the assurance that McDermott can execute deepwater subsea installation services to high standards of safety and quality with a strong performance scorecard.Ó The NO102 is a fast-transit, dynamically positioned (DP2) vessel with a high top tension Vertical Lay System for SURF needs that operates across a wide variety of water depths. (Copyright McDermott International, Inc. 2013. All rights reserved.) McDermott Wins Subsea Contract for Petrobras North Ocean 102 will carry out deepwater umbilical and ß exible pipe installation offshore Brazil and is expected to begin work during the third quarter of 2014.In the Yard 28 MTRNovember/December 2013MTR #9 (18-33).indd 28MTR #9 (18-33).indd 2812/12/2013 11:10:53 AM12/12/2013 11:10:53 AM