Monday, May 5, 2008

Subsea 7 announces new pipelay vessel

Subsea engineering and construction company Subsea 7 has announced that it has signed a contract for the construction of a newbuild pipelay and construction vessel.

The overall project cost is in the region of US$190 million. The vessel will have an overall length of 133 metres and a beam of 24 metres. She will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, including a Vertical Lay System tower and twin underdeck carousels, a 250-tonne crane from Huisman and twin 3,000-metre rated ROVs. The ship should be delivered in the third quarter of 2010.

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