New Pipelay Vessel Mobilized

Subsea 7 Inc. (OSE Symbol: SUB) announced that the Seven Pacific – a dynamically positioned (DP), pipelay and construction ice-class vessel, designed for deepwater pipelay and offshore construction activities worldwide - has mobilized for its first project.The eighth new vessel to join Subsea 7’s fleet since 2007, the Seven Pacific is capable of installing flexible pipes and umbilicals in water depths of up to 3,000 m. Its first assignment is on the Block 18 project in Angola.

"The Seven Pacific is a fantastic addition to one of the most modern, technologically advanced and capable fleets of subsea construction, pipelay and support vessels in the world," saidStuart Smith, Subsea 7’s Vice President for Technology and Asset Development."With the capability to work in a wide range of worldwide locations, from the Arctic to Africa, we look forward to working with our clients on the various work scopes the Seven Pacific will deliver for them in the coming years.”

The vessel's pipelay equipment has a tension capacity of 260 tonnes and a 2,500-tonne storage capacity for flexible pipe on the two underdeck carousels. There is also a built-in deepwater dual 3,000 m-rated work-class ROV spread and a comprehensive survey system.

A large deck area of 1,700 sq. m. has been incorporated into the Seven Pacific for equipment and reel storage. The ship has a 6.6kV diesel electric power generation system and is propelled by three azimuth thrusters with fixed pitch propellers in nozzles at the stern. One retractable azimuth thruster and two transverse thrusters have also been installed forward, giving excellent DP capabilities.

(Press Release)