Bulgaria: GSP Becomes Services Provider for South Stream Project

 

GSP provides ROV and ROV crew, subsea compensated crane and marine crew for the South Stream project. GSP Prince is mobilized to provide services for an estimated six months period under a contract with one of the contractors, Peter Gas.

GSP Prince, the DP2 Divers & ROV Survey Offshore Support Vessel is specialized in performing sub-sea duties such as ROV operations (pipeline/route survey), bottom mapping, sub-sea installation works, diving and intervention support, mother vessel for AUV/UUV operations, geo-technical investigation survey. The vessel meets the latest environmental criteria while ensuring acoustically quiet operations at survey speeds.

GSP Prince has completed the mobilization in Midia and headed towards Varna on the 30th of August.

South Stream is a proposed gas pipeline to transport Russian natural gas to the Black Sea to Bulgaria and further to Greece, Italy and Austria. The project is seen as rival to the planned Nabucco pipeline. The completion is due by 2015.

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Source: GSP Offshore, September 02, 2011;