Marine Link
Tuesday, October 25, 2016

First Contract for the Saibos FDS in GOM

March 6, 2001

Bouygues Offshore, through its Saibos CML subsidiary, has signed with Saipem Inc. a pipelaying contract for the Canyon Express project in the Gulf of Mexico for TotalFinaElf E&P USA Inc. The $30 million contract (USD 15 million for Bouygues Offshore) consists in: Commenting on this contract, Herve Le Bouc, Chairman & CEO of Bouygues Offshore stated: "It will be the first time in the world that one put down rigid pipe in such water depths. After Canyon Express, the Saibos FDS(R), a dynamically positioned vessel especially designed for deep water fields developments, will set sail for West Africa to start the Girassol project."

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

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