Swiber adds four units

Swiber Holdings Ltd. has made a $108-million acquisition of two subsea support vessels and two deepwater anchor handling tug/supply (AHTS) units from Thaumas Marine Ltd.
Oct. 15, 2007

Offshore staff

SINGAPORE -- Swiber Holdings Ltd. has made a $108-million acquisition of two subsea support vessels and two deepwater anchor handling tug/supply (AHTS) units from Thaumas Marine Ltd.

Swiber subsidiary Kreuz Engineering Ltd. will take delivery of the 78-m (256-ft) DP-2 subsea support vessels in 1Q 2009 and of the deepwater 70-m (230-ft) 10,000 brake horsepower AHTS a year later.

Swiber will provide its own equipment and will cover retrofitting costs for the vessels.

The subsea support vessels will be outfitted with a state-of-the-art system incorporating a self-propelled hyperbaric rescue chamber and 100-metric-ton (110-ton) heave compensated crane. The units will have accommodations for 146.

Swiber, with 20 vessels under operation and 17 others on order, aims to build a fleet of 41 international class units supporting its engineering, procurement, construction, installation, and commissioning work by 2010.

10/15/2007

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