Technip Charters New-build Offshore Construction Vessel

Press Release
Tuesday, July 24, 2012

Technip enters a long-term charter agreement with North Sea Shipping for a 2014 new-build offshore construction vessel to be built at Bergen Group BMV AS in Bergen, Norway, and delivered in 2014.

The charter will be for a period of five or seven years commitment plus a five-year extension option, with a further option to purchase the vessel.

The vessel is specially designed and equipped to suit the Norwegian installation market. This advanced subsea construction vessel has a length of 142 meters and width of 27 meters, and is equipped with a 400-ton crane and a 2,000-ton carousel for storage of flexible pipe below deck.

The new vessel’s design specification meets the highest requirements for subsea work and although it will work predominantly in the North Sea, it is also suitable for deepwater operations worldwide.

Technip say the new ship will be a valuable addition to their fleet and further demonstrates its commitment to continually improving its fleet of marine assets.

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