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| Subsea 7 to invest in new vessel Subsea 7 Inc, one of the world's leading subsea engineering and construction companies, has signed a contract for the construction of a new-build pipelay and construction vessel. The overall project cost is in the region of USD 190 million and is based on fixed prices from the Merwede shipyard. The vessel will have an overall length of 133m and a beam of 24m. She will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, including a Vertical Lay System tower and twin underdeck carousels, a 250t crane from Huisman and twin 3000m-rated ROVs. The ship is expected to be delivered in the third quarter of 2010. write your comments about the article :: © 2008 Construction News :: home page |