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    Oceanteam secures two more newbuild options

    Vessel & ROV News // October 30, 2007

    Bourbon Oceanteam 101 is due to start work in late November.

    Oceanteam Power & Umbilical has announced that the company has secured two additional options with MetalShips & Docks to build construction support vessels with delivery planned for the third quarter of 2011 and third quarter of 2012.

    Oceanteam will target the vessels at its established subsea and power and umbilical installation markets, with particular emphasis on subsea services.

    Oceanteam is already building five large construction support/power cable lay vessels at MetalShips & Docks in Vigo, the first delivery in the series being 50/50 owned
    together with Bourbon Offshore Norway AS.

    This vessel, Bourbon Oceanteam 101, will start operations late November 2007.


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