Lay Vessel North Ocean News

Helix Energy says that its Robotics subsidiary, Canyon Offshore, Inc., has reached an agreement with a subsidiary of McDermott International, Inc. to provide remotely operated vehicle (ROV) services and equipment for McDermott’s fleet of subsea construction and pipelay support vessels. The agreement is for a fixed term of three years with options to extend. Canyon will provide dual 3,000-meter ROV systems onboard McDermott vessels, which initially is expected to include the North Ocean 102, Lay Vessel North Ocean 105, Lay Vessel 108 and the Derrick Lay Vessel 2000. In addition Canyon will supply tooling, personnel and ROV project support to McDermott.

McDermott International, Inc. reports that its subsidiary has become the first to install rigid reel-lay pipe-in-pipe in Asia-Pacific for the Siakap North-Petai (SNP) development project offshore Malaysia. At more than 3,900 feet (1,190 meters), the SNP development is one of the industry’s most challenging deepwater projects. “Successfully installing the rigid reeled pipe-in-pipe flowlines on the Siakap project is a significant achievement for McDermott and a first for the region,” said David Dickson, President and Chief Executive Officer, McDermott.

McDermott International, Inc. announced that one of its subsidiaries has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015. Located in Hartlepool, in northeast United Kingdom, the spoolbase is expected to support McDermott’s reentry into the North Sea Reel-Lay market. The Port of Hartlepool is a well-established working port with a history of fabrication for the oil and gas industry and has excellent access from harbor to the open sea.

Ocean Installer & leading offshore engineering & construction company McDermott establish alliance to meet rigid pipelay needs in the North Sea subsea market. The alliance marks McDermott’s re-entry into the North Sea and establishes Ocean Installer as a tier one North Sea contractor by adding rigid pipelay to the company’s capabilities. McDermott continues to expand its subsea resources including a growing fleet of rigid-pipelay vessels such as the highly advanced Lay Vessel North Ocean 105, its sister ship Lay Vessel 108 (expected to be available mid-2014), and recently announced new-build deepwater combination S-Lay vessel with a 2000-ton crane DLV 2000, (expected to be available in 2015).

McDermott International inks contract with Keppel Offshore & Marine for construction of a dynamically-positioned combination S-Lay vessel with a 2,000-ton crane. The vessel, tentatively named Derrick Lay Vessel 2000 (“DLV2000”), will be constructed at Keppel Singmarine in Singapore and is expected to take approx 2.5 years to build. “DLV2000 is expected to address a market demand we consider to be extremely robust for deepwater pipelines as well as our traditional markets,” said Stephen M. Johnson, Chairman, President and Chief Executive Officer. Developed by Keppel’s ship design arm, Marine Technology Development (MTD), DLV2000 is equipped to support advanced deepwater pipelay operations that will allow pipelines to be installed at depths of up to 10,000 feet.

McDermott International, Inc. (NYSE: MDR) (“McDermott”) announced that it will build another high capacity reeled pipelay vessel with top-tier payload capacity, tentatively named Lay Vessel 108 (“LV108”). The vessel will be a sister ship to the recently completed subsea construction vessel the Lay Vessel North Ocean 105 (“LV105”), and is to be built to similar specifications at Metalships and Docks S.A.U. shipyard in Vigo, Spain. “LV108 is another milestone in our vessel renewal program focusing on the subsea construction market for flexible and rigid product installation,” said Stephen M.