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    Technip orders new pipelayer in Korea

    Vessel & ROV News // October 17, 2007

    Technip has awarded STX Heavy Industries in Korea a contract for construction of a new pipelay vessel.

    This 194m vessel will have twin 2,800 ton reels, and a top tension capacity of 450 tons for laying rigid steel pipes and flexible products up to 18in in diameter through a dedicated lay tower installed at the stern.

    The vessel will also be equipped with a 150 ton crane, a PLET (pipeline end terminations) handling system and accommodation for 140 people.

    With a transit speed of 20 knots, she has been specifically designed to minimize intercontinental transits and allow for efficient deployment in all deep water regions of the world.

    The contract with the Korean yard covers detailed design, construction, outfitting and commissioning of all marine aspects, including the installation of all underdeck pipelay equipment. The remainder of the pipelay system will be installed and commissioned at a later date at the pipelay supplier's facilities.

    The project will be managed by a dedicated team from Technip's operating center in Aberdeen (Scotland).

    The new vessel is scheduled for delivery in 2010.

    "This major investment in a state-of-the-art vessel is part of our fleet development strategy. It will strengthen the Group's presence on the high-growth subsea market and respond to a demand which is evolving towards developments requiring high technological added-value at increasing water depths", said Thierry Pilenko, Technip's Chairman and Chief Executive Officer.


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