The Netherlands: Heerema Marine To Build Deepwater Construction Vessel Worth US$ 600-700 Million

Heerema Marine Contractors (HMC) today announced the signing of a letter of intent with Daewoo Shipbuilding and Marine Engineering Co., Ltd., Korea (DSME), for the building of a new Deep Water Construction Vessel. The New-build will be an investment of US$ 600-700 million.

For this investment HMC selected to build a Monohull Vessel with the capability to execute complex deep water infrastructure and pipe line projects in ultra deep water, and also with sufficient lifting capacity to execute installation of fixed platforms in relatively shallow water. A key attribute of the vessel will be its fast transit speed. HMC believes this will complement its existing fleet providing a unique fleet composition, which will allow HMC to continue to offer unrivalled services to the offshore oil and gas industry on a world-wide basis.

DSME has been awarded the design, engineering, procurement, construction, installation, commissioning and testing of the vessel. Huisman will be responsible for the cranes, tower and reels. The vessel is scheduled for completion of all tests & trials by mid-2013.

Jan Pieter Klaver, Chief Executive Officer of HMC, said, “With this new Deep Water Construction Vessel, HMC will reinforce its unique position in the deep water pipelay market. We are confident that with DSME and Huisman we found reliable partners who can build a key asset that will assist us in expanding further into more ultra deep and complex SURF projects globally.”

This new 210 meters long self-propelled vessel will be fitted with a pipelay tower for J-lay (tension capacity of 2,000 metric tons) and reeling. A crane with a revolving lift capacity of 4,000 metric tons is installed together with deepwater lowering equipment to reach a water depth of 3,500 meters, which is compatible with our Deep Water Construction Vessel Balder. The vessel will also be equipped with a class 3 dynamic positioning system. The hull configuration is specially designed for fast transit speed and optimum motion characteristics in operation whilst the maximum pipe payload is 4,500 metric tons. The deckhouse is designed to the latest standards and can accommodate 289 persons.

About Heerema Marine Contractors

Heerema Marine Contractors is a world-leading marine contractor for the oil and gas industry. HMC transports, installs and removes all types of offshore facilities and operates three of the four largest crane vessels in the world. HMC is a fully-owned subsidiary of the Heerema Group.

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Source: hmcheerema,July 20, 2010;