Offshore oil activity in South America, West Africa and Southeast Asia is set to remain high for the foreseeable future - a situation that is driving the rising demand for Offshore Supply Vessels (OSVs).rnVast oil discoveries in Brazil's Santos Basin, resulting in Petrobras investing a staggering $220Bn over 2010-2014, will create an enormous demand for OSVs, DVB Bank's VP of strategic planning Andreas Tiniakos toldrnan offshore conference in Oslo recently. Petrobras requires as many as 146 OSVs to support its offshore work in Brazil over the period 2009-2013.
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