Aker Kvaerner has signed a letter of intent with Aker Oilfield Services to provide equipment and personnel to the world's first deepwater Subsea Equipment Support Vessel (SESV).
Offshore staff
OSLO, Norway -- Aker Kvaerner has signed a letter of intent with Aker Oilfield Services to provide equipment and personnel to the world's first deepwater Subsea Equipment Support Vessel (SESV). The $60-million contract is expected to begin by 2010.
As part of the five-year deal, Aker Kvaerner will develop specially designed installation equipment for subsea trees, and support tools for subsea interventions. Aker Kvaerner Subsea in Brazil will operate and conduct onboard installation and testing operations of subsea trees and associated equipment.
The SESV is designed to operate in up to 2,000 m (6,562 ft) water depth. The vessel is capable of reducing deepwater subsea construction time by 80% compared to conventional rig-based operations, according to Aker Kvaerner.
