Seven Pacific on schedule for 2010 deliveryVessel & ROV News // May 5, 2009
Subsea 7 says its newbuild pipelay and construction vessel Seven Pacific is on schedule for delivery in the fourth quarter of 2010. The vessel is to fitted with a 260 tonne Vertical Lay System (VLS) Tower, and will further enhance Subsea 7's pipelay capabilities, particularly in deepwater.
First steel for Seven Pacific was cut on 16 March 2009 and the first units are currently being fabricated at IHC Krimpen Shipyard, near Rotterdam.
The VLS, to be built by Schiedam based Huisman, will be complete with a 260 tonne abandonment and recovery (A&R) winch with 3,000m of A&R wire.
The vessel will have an overall length of 133m, a beam of 24m and in addition to the new VLS, will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, two 1,250t underdeck carousels and twin 3,000m-rated ROVs.
The investment in the vessel is part of an ongoing capital investment programme of over US$1 billion dollars in new assets and equipment which will see eight new vessels joining the existing Subsea 7 fleet between 2007 and 2010.
Mel Fitzgerald, Subsea 7's Chief Executive Officer, said: "We are investing in excess of US$1 billon in a number of new vessels and equipment that will enable Subsea 7 to offer its clients the capability they need to deliver on their investments, more efficiently and cost effectively."
"Our new vessels have enhanced Subsea 7ís overall capacity, but are also equipped with new technology and the operational capability to service deepwater and ultra-deepwater markets globally. This investment demonstrates our long term commitment to building for the future and becoming the Subsea Partner of Choice in our sector."