Ulstein Verft lands its largest single vessel contract
Offshore staff
ULSTEINVIK, Norway -- Newly formed Marine Subsea Inc. has signed a contract with Ulstein Verft AS to deliver a well intervention ship of the Ulstein SX121 design. The $134-million contract is the largest contract for one ship for the Ulstein group.
The vessel will be 25 m (82 ft) wide and 120 m (394 ft) long with accommodations for 100. The vessel will be fitted with a module handling tower, a moonpool, ROV hangar, offshore crane, helipad, and diesel-electric propulsion system. The vessel also will be fitted with proprietary Ulstein equipment.
The Ulstein SX121 vessel is scheduled for delivery in July 2009. The ship already has been contracted in Angola and will head for its first assignment upon delivery.
"We are very pleased when our new customers ask for ships with the characteristic Ulstein X-Bow. We are frontrunners in developing highly advanced construction vessels loaded with equipment enabling them to perform demanding marine operations in deepwater," says Gunvor Ulstein, CEO.
Karsten Sævik, managing director of Ulstein Verft AS, says this will be the third vessel of the Ulstein SX121 type to be built at Ulstein Verft AS.
"More and more oil installations are now sea-bottom facilities, and we're seeing an increasing demand for subsea and construction vessels. Supplying vessels for this market will be an important priority area for Ulstein Verft in the future," Sævik says.
2/6/2007