Offshore staff

ABERDEEN, UK -- Oceanteam Power & Umbilical ASA has secured two additional options with MetalShips & Docks, SUA to build construction support vessels for delivery in 2011 and 2012. The vessels will focus on subsea installation and support services.

Oceanteam is already building five large construction support and power cable lay vessels
with MetalShips & Docks in Vigo. The first delivery in the series, the Bourbon Oceanteam 101, will start operations in late Nov. 2007.

10/30/2007