Oceaneering Announces Vessel Charter

Friday, September 14, 2007
Oceaneering International, Inc. has chartered an Olympic P101 Class multi-service subsea support vessel currently under construction from Olympic Shipping AS. The initial term of the charter is five years, with expected commencement in the third quarter of 2008.

This vessel, to be named the Olympic Intervention IV, will be outfitted with two high-specification work class ROVs. It will be used to augment Oceaneering's ability to perform subsea hardware installation and inspection, repair, and maintenance (IRM) projects, and conduct well intervention services in the ultra-deep waters of the Gulf of Mexico (GOM). Hardware installations are expected to include umbilicals, subsea trees, jumpers, flying leads, and manifolds. Well intervention services are anticipated to include riserless wireline, electric line, and plug and abandonment operations using Oceaneering's proprietary Subsea Intervention Lubricator System.

The Olympic Intervention IV is being built to an overall length of approximately of 312 ft. (95 meters) and will have a Class 2 dynamic positioning system, accommodations for 100 personnel, a helideck, a 150-ton heave compensated crane, and a working moonpool. The vessel will also be equipped with a satellite communications system capable of transmitting streaming video for real-time work observation by shore personnel.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

UK North Sea Workers Give "Overwhelming" Support for Strike

Trade unions Unite and GMB said members working offshore in Britain's North Sea oil and gas industry had shown overwhelming support for industrial action in a consultative

Two ASD Tugs Delivered to URAG

URAG has taken delivery of two ASD 2411 Tugs to add to its existing fleet. Named Brake and Perfect, the new vessels have joined their sister ship Prompt in the

New Workwear Lifejacket Introduced

Ocean Safety has introduced a new range of workwear lifejackets.   The new Kru Workwear range completes Ocean Safety’s lifejacket offering, providing a wide choice

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1092 sec (9 req/sec)