HAUGESUND, Norway –India's Reliance Industries Ltd. has awarded DeepOcean a three-year contract to provide a multi-purpose subsea support vessel and related services starting Dec. 2007. The $166-million contract has two one-year options.
TheREM Etive will be deployed under a commercial agreement between DeepOcean and TS Marine (Contracting) Ltd. to support development in block DK-DWN-98/3 in the Krishna Dodavarir basin, Bay of Bengal, on India's east coast.
The vessel will begin installation activities in 1,200 m (3,937 ft) of water on 18 to 20 subsea wells and six manifolds producing through two export lines. The vessel is to be equipped for operations to 2,000 m (6,562 ft) water depth.
TheEtive will be used for installation, commissioning, and inspection/maintenance/repair, having two work class ROVs, crane capacity, and an active heave compensated winch system.