DEME orders fallpipe vessel for TidewayVessel & ROV News // July 11, 2008
On behalf of Tideway, its subsidiary in the offshore oil and gas market, Dredging, Environmental and Marine Engineering (DEME) group has ordered a new 19,000 tonnes capacity fallpipe vessel.
The vessel will have DP II class and will be fully equipped with a highly sophisticated active heave compensated ROV and state-of-the-art survey equipment, which wil enable it to place rock with a high level of precision at depths of 2,000m.
This specialised vessel will become the third and the biggest fallpipe vessel owned by Tideway. The overall cost of the vessel, including the fallpipe installation, is circa Euros 100 million.
The new fallpipe vessel will be built by Sembawang Shipyard in Singapore, and will become operational in the first quarter of 2011.
A speed of 15 knots will give her a competitive advantage compared to other vessels of this type.
Said DEME: "The new design is a technological answer to business trends in the oil and gas industry, which go for ever deeper waters for offshore exploration and exploitation – an evolution which has become necessary, and feasible, following the increased price of crude oil and gas."
The as yet un-named fallpipe vessel is, said DEME, "a complete green design” and "fully in line with Lloyds Environmental Protection Code."