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    Solstsad confirms flexlay vessel order

    Vessel & ROV News // June 12, 2014

    Solstad Offshore in Norway has confirmed that the Letter of Intent (LOI) that it signed with a major international offshore contractor to build and operate a new build large subsea construction vessel has become a firm contract, as has the company's order for an offshore construction vessel to be built at Vard.

    "Both Letters of Intent have now been converted to firm contracts," said Solsatd.

    The as yet unconfirmed client will charter the vessel for a minimum of eight years from delivery in the second quarter of 2016.

    The vessel is a Vard 3 19 design, developed by Vard Design in Ålesund. The hull will be built at Vard Tulcea in Romania, while outfitting of the vessel will take place at Vard Brattvaag in Norway.

    It will have a 550 tonne top tension vertical lay-system, enabling the installation of large diameter flexible pipes in ultra-deepwater environments. In addition, it will be equipped with a 900 tonne active heave-compensated offshore crane and a 4,000 tonne under-deck carousel for storage of flexible pipes, cables and umbilicals.

    The vessel will be about 180m long, have a beam of 33m and a deck area of more than 2,500m2.


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