Oceanteam and ABB target subsea power cable marketNews // April 2, 2007
Hans-Ake Jonsson, Group Vice President ABB with Jon Mears MD Oceanteam.
Oceanteam Power & Umbilical ASA has announced that it has signed a five-year agreement with ABB Power Technologies to combine their experience to deliver an integrated supply and installation service to the growing subsea market.
The agreement will see the two companies combine state-of-the-art manufacturing and installation capabilities for high voltage submarine power transmission cables.
ABB manufacture technologically advanced high quality submarine cables with jointing and commissioning services and Oceanteam will provide the marine assets and installation expertise to lay and instal the submarine cables around the world.
Jon Mears of Oceanteam said: "The companies' individual capabilities are highly complementary, tendering for specific projects is on a mutually exclusive basis, enabling the companies to offer the client a complete turn key solution for subsea power cable installation.”
Oceanteam’s fleet of North Ocean construction support vessels currently under construction in Vigo Spain are ideally suited to the submarine power cable market, with the ability to take up to 7,000 tonnes of product in one load out.
Equally the vessels are equipped with the latest installation and trenching equipment, specifically designed to install and bury power cables and umbilicals.
In addition Oceanteam has the power cable installation vessel Team Oman on long term charter which can transport and install up to 4000 tonnes of product in one load out.
The new build vessels currently under construction in Vigo, Spain will be 138m long with a 2,400m˛ free deck, deadweight of 10,000 tonnes, 2 x 100 tonne heave compensated cranes installed and accommodation for 120 people.
The vessel and its modular installation equipment have the capacity to install up to 7,000 tonnes of power cable in one load out. This in combination with the high transit speeds will give the vessels a unique position within the High Voltage Power Cable market.