WATCH: PGS Shows Off Its Fourth Ramform Titan Class Vessel
- Business & Finance
PGS has completed its newbuild program with a naming ceremony of the fourth, and last member of the Ramform Titan-class vessels ‘Ramform Hyperion’ at the Mitsubishi Heavy Industries Shipbuilding yard in Nagasaki, Japan.
The Ramform design was created by Roar Ramde in the early 1990’s and has been taken to its ultimate expression by the Ramform Titan-class vessels. The first vessel of the Ramform Titan-class came in 2013 with the delivery of Ramform Titan, which was followed by Ramform Atlas in 2014 and Ramform Tethys in 2016.
“The Ramform Hyperion completes our newbuild program and increases the productivity of the PGS fleet. The four Ramform Titan-class vessels and the two Ramform S-class vessels constitute our core fleet of ultra-high-end Ramforms. These vessels can tow more streamers than any other vessel as well as tow extremely wide streamer spreads. Hence, surveys can be tailor made to meet our customers’ needs, be it the highest possible data quality or the most efficient coverage of a large exploration area,” says Per Arild Reksnes, executive vice president Operations.
According to PGS, Ramform Hyperion, along with its sister vessel the Ramform Tethys, comprise the two most powerful and efficient marine seismic acquisition vessels in the world.
The Ramform Titan-class design with a 70 meter broad stern allows ample space for 24 streamer reels: 16 reels aligned abreast and 8 reels further forward, with capacity for 12 kilometer streamers on each reel. The period between major yard stays is also extended by approximately 50%, compared to earlier generation vessels, PGS noted.
Jon Erik Reinhardsen, president and CEO of PGS, said: “PGS only invests capital in newbuilds when differentiation can be achieved over a substantial part of the vessel’s useful life in order to maximize return on the investment. We believe Ramform Hyperion and the three other Ramform Titan-class vessels are examples of such unique assets.”