Nordic Business Report-September 28, 2006-Petrojarl ASA wins FPSO contract from Petroleo Brasileiro SA
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The Norwegian floating production, storage and offloading (FPSO) vessels operator Petrojarl ASA said on Thursday (28 September) that its subsidiary Petrojarl Production AS has secured a FPSO contract from Petroleo Brasileiro SA.
The contract, signed for an initial period of two years at approximately USD33m per year, covers the provision of a FPSO vessel for the Siri project in Brazil.
The contract will be carried out by Teekay Petrojarl Offshore LP, Petrojarl's joint venture with Teekay Shipping Corporation.
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