MPL Orders Subsea IMR Vessel from Havyard (Norway)

Marine Platforms Limited (MPL) have signed a contract with Havyard Group for the delivery of a Havyard 857 Subsea IMR Vessel. The vessel will be Havyard Newbuilding No. 115 and is scheduled to be delivered in August 2014. The contract value is approx. NOK 600 million.

MPL is a new customer for Havyard and operates in a region where few Havyard vessels have operated until now. MPL is an indigenous Nigerian Company offering diverse Services to the Oil and Gas industry in West Africa. Headquartered in Lagos Nigeria, their Operations base is situated at Federal Ocean Terminal (FOT), Onne Oil and Gas Free Zone near Port Harcourt on the south coast of Nigeria and they have a Technical Support Office in Aberdeen, Scotland. They provide Completions and Sub-Sea Solutions in Deepwater.

“Quality, safety records, design flexibility, on-time delivery, cost efficiency and post yard support are sterling qualities MPL found in Havyard”, says Taofik Adegbite, Owner and Chief Executive of MPL. “They are one of the few Norwegian Yards that take ownership of all the critical equipment of their vessels. This rare attribute allows for a one stop shop towards post yard equipment support. We have a long term business outlook and we see a yard whose strategies are aligned with ours therefore, creating a win-win long term relationship”, Adegbite concludes.

NB 115 is the second vessel of Havyard 857 design that will be under construction at Havyard Group’s shipyard in Norway. Last year Forland Shipping signed the first contract for building the Havyard 857 design and there has been great interest for the design both from operators and other ship owners. The Havyard 857 for Forland Shipping, scheduled to be delivered fourth Quarter this year was already hired on a five year charter by EMAS AMS in December last year.

“We believe that one of our strengths is to combine our knowledge and experience in designing and building advanced offshore vessels with being able to adapt to demanding specific requirements from our customers”, says Arve Helsem Leine, design Manager of Havyard Design & Engineering in Fosnavåg, Norway. “When developing a new design, like the Havyard 857 we need to make sure it will fit the market’s general needs for such a vessel and at the same time being flexible to adapt to customer’s specific requirements. When we were approached by MPL they saw the Havyard 857 as a very good platform for their ideas and requirements and during the design process we were able to develop the specific vessel they had in mind”, Leine replies.

Some specialties for MPL’s Havyard 857 are extended moon pool, larger offshore crane, extra auxiliary crane, bigger accommodation and bigger deck space.

The new Havyard 857 Subsea IMR Vessel for MPL will be outfitted at Havyard Group’s shipyard in Leirvik Norway.

“In Havyard we have a strong focus on delivering top quality products on time to our customers”, says Geir Johan Bakke, CEO of Havyard Group. “From our shipyard in Leirvik we can deliver the best quality and the shortest delivery times. To achieve this we take control of the critical parts of the value chain from designing to testing and delivering the vessel. Our staff has top knowledge and we control and monitor every step of the process carefully. We have a continuously ongoing process improving our efficiency and reducing our cost to improve our competitiveness. Our success depends on the success and satisfaction of our customers and we have to give them best value for their money at all times. We are excited to have MPL as a customer and believe that, if we perform according to their and our own expectations this may be a prosperous and long term cooperation for both parties”, Bakke concludes.

Facts about Havyard 857

Length: 113 m

Breadth: 22 m

Speed: 15 knots

Main deck area: 1200 m2

Mezzanine deck area: 225 m2

Offshore crane: 250 tonnes

Accommodation: 120 persons

Deadweight: 5000 tonnes

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Press Release , April 04, 2013