Subsea 7 Invests in New Heavy Construction Vessel

Subsea 7 S.A. announced that it has signed a contract to build a new heavy construction vessel which will be delivered in 2016.

The new vessel will be one of the most capable heavy construction vessels in Subsea 7’s fleet of over 40 ships. She will be deployed globally to meet increasing market demands for executing ever-larger and more complex projects. She will have 2,600m² deck area (for equipment carriage), a 600t Active Heave Compensated offshore crane, a 325t top tension vertical lay system and a 7,000t under-deck basket for storage of flexible pipes, umbilicals and cables. The vessel will be equipped with six main engines in two engine rooms designed to maximise performance in Dynamic Positioning Class III.

Korean company Hyundai Heavy Industries (HHI), one of the world’s largest shipbuilding companies, will build the new vessel. The main crane and the vertical lay system will be provided by Huisman.

Subsea 7 Executive Vice President Commercial Steve Wisely said: “This is another investment in our world class fleet so that we can continue to meet our clients’ demands for executing larger, more complex projects in deep and ultra-deepwater and in harsher environments.”

Subsea 7 VP Technology and Asset Development, Dr Stuart N Smith said: “We are pleased to be working with HHI and Huisman again to build a highly capable, industry leading heavy construction and flex-lay vessel.”

Principal characteristics:

• Length 160.0m x breadth 32.0m

• 600t AHC offshore crane

• 325t top tension vertical lay system

• 7,000t underdeck basket for storage of flexible pipe/umbilical

• Accommodation for 132 persons

• Deck area c.2,600m²

• DP Class 3

• Deck load of 6,000t at 5m above main deck

• Special Purpose Ship code compliant.

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Press Release, May 08, 2013