new petrobras UMS tender

Petrobras released at the beginning of this week another opportunity for large accommodation
vessels (UMS). The N-16 tender is set to charter one UMS of minimum 450 POB and 1000m² of
free deck area. Once more the tender allows for semisubmersible, cylindric and ship shaped
vessels, most likely due to a low availability of semisub units, which would severely impact
the competitiveness of a semisub-only tender.

The contract duration will be of 4 years firm, with the possibility of a 5-month extension.
The awarded unit will be granted a 175 days mobilization time after contract signature for
delivery in Brazilian waters and will be engaged in the maintenance schedule of several FPSOs
from Petrobras throughout the duration of the contract.