Veolia Adds Deepwater Vessel to Fleet

Friday, March 27, 2009

Veolia ES Industrial Services announced the addition of the Viking Poseidon to its fleet of deepwater marine vessels. The vessel was delivered to Galveston Bay in February and has completed its first job in the Gulf of Mexico. The Poseidon’s design technology and equipment will allow for greater deepwater capabilities at a time when customers are calling for such services.

Mr. Michel Gourvennec, President and Chief Executive Officer of Veolia Environmental Services North America, stated, “The Poseidon clearly complements the capabilities of our expanding Marine Services division. As the market for deepwater capabilities, particularly in the Gulf of Mexico, continues to grow, the Poseidon becomes a strategic asset that will put Veolia at the forefront of the marine services industry. We are happy to add her to our fleet.”

The Poseidon is the largest Ulstein X-Bow vessel in the world. It was built by Ulstein Verft for Eidesvik Offshore in Norway during 2008. It is a 130-meter-long, 25-meter wide vessel with a deck area of 1720-square meters. The Poseidon has a maximum speed of 14 knots and can accommodate a crew of up to 106. Its advanced features, which will allow it to deploy heavier loads and operate further offshore, include two work class ROVs with launch and recovery systems (LARS), an HMC-250T active heave compensated knuckle boom crane and a 15-ton electrohydraulic deck crane with folding boom. The
ship is also equipped with two moon pools and a helideck.

Veolia ES Industrial Services’ Marine Services Group includes a fleet of dive support vessels, undersea remote operated vehicles and highly qualified diver-technicians.

(www.VeoliaES.com)

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