Subsea 7 buys Skandi Navica

Subsea 7 has acquired pipelay and construction vessel Skandi Navica for US$62 million from DOF Rederi.

At the time it was built in 1999, a purchase agreement order was struck between the pair and Subsea 7 started an eight year charter of the vessel. Now under Subsea 7 ownership, the ship will be renamed Seven Navica. The vessel has an overall length of 108 metres (354 feet) and a beam of 22 metres (72 feet). Capable of operating in water depths of up to 2,000 metres (6,561 feet), Skandi Navica has pipelay capability for installing both rigid and flexible flowlines and umbilicals, with one deck-mounted storage and deployment reel with capacity for pipe diameters of up to 16 inches, and a total weight of 2,200 tons (1,995 tonnes). Other features include an optional piggy-back 250 ton (226 tonne) reel, a lay ramp system, abandonment and recovery systems, a 60 ton (54 tonne) offshore crane, and a top tension capacity of 205 ton (185 tonne).

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