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Allseas sanctions Pieter Schelte

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DELFT, The Netherlands -- Allseas has committed to build the Pieter Schelte, a platform installation, decommissioning and pipelay vessel. The total investment for the 360 m long by 118 m wide vessel (1,181 x 387 ft) � which the company has been working on for several years � will be $1.695.6 billion.

Allseas expects a yard in the Far East to handle the main construction work, with a facility in Europe managing final completion, leading to delivery in 2010. The vessel will have a topsides lift capacity of 48,000 tons and a jacket lift capacity of 25,000 tons. Its pipelay tension capacity of 1,500 tons will be 50% greater than Allseas' Solitaire.

The company has also issued requests for quotations concerning the power generating plant, valued at around $130.4 million. Bids are due in by Feb. 23. The scope includes eight diesel engines, eight generators, and 12 thrusters.

02/02/2007

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