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    Wellships goes to Norway for well intervention vessel

    News // August 2, 2002
    Seabrokers reports that Wellships put pen to paper in June and signed a contract with Aker Brattvaag for the construction of a newbuild well intervention vessel from the MT designhouse. The vessel will have an LOA of 101m, beam of 22m, 6.5m draft, accommodation for 80, and 15,750bhp. Delivery is scheduled for early 2004.

    This is the first dedicated well intervention vessel to be built in full compliance with the new DNV well intervention class.

    The ship will be targeted specifically at the growing market for specialist well maintenance and well intervention services.

    The project required raising a total of 70 million in debt and equity, making Wellships one of Scotland 's largest corporate start-ups in recent years.

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