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    Fugro signs contract for two new vessels

    Vessel & ROV News // December 11, 2007

    Fugro has signed a contract with BMV (Bergen Yards) in Norway for two new vessels.

    The contract includes construction of a seismic vessel and a ROV offshore construction vessel with a combined value of around Euros 150 million.

    The seismic vessel will be outfitted at BMV Bergen Yards and will have a length of 108m and a breadth of 28m and will be equipped with 16 tow points and what Fugro called "the latest and most advanced seismic technology."

    The vessel will be delivered to Fugro in August 2010 and will operate worldwide.

    The second vessel, a DP II ROV/offshore construction support vessel, will also be outfitted at BMV Bergen Yards and will have a length of 111m and a breadth of 24m. This vessel will have all necessary equipment needed to perform a wide range of subsea activities and will be delivered to Fugro in December 2010.

    The contract also includes an option for a third vessel for delivery in 2011.

    The vessels are of the same design as the recently launched Geo Celtic (a seismic vessel) and the two vessels currently under construction for Fugro at Bergen Yards, Fugro Saltire (ROV support) and Geo Caribbean (seismic).

    "The new vessels will secure increased capacity for Fugro and ensure a solid contribution to the longer term fleet renewal programme already in progress," said Fugro in a statement.


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