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Two New-Built DP2 Subsea Construction Vessels

Source: 11/15/2011, Location: Europe

Reef Subsea charters for five years two new-built DP2 subsea construction vessels from Neptune Offshore. Neptune Subsea welcomes Reef Subsea as a key shareholder. The sister ships - which will be renamed Reef Despina and Reef Larissa - are newly-built IMR and Subsea Construction vessels. Designed with the Ulstein X-Bow, they have a faster transit speed in head seas, and enjoy reduced fuel consumption.

The design also provides several advantages in the foreship and on the working decks making the vessels more environmentally and work friendly (read more in foot note). Designed for worldwide and deepwater services , they are equipped with 150t SWL crane with active heave compensation, an enclosed ROV hangar with integrated LARS for the deployment of Work Class ROVs on both sides of the vessel, a large moonpool and up to 750m˛ of working deck. The 150t crane is able to work in over 2000m water depth and, with the Reef Subsea’s WROVs, the vessels will be able to operate in water depths up to 3000m. Both vessels are expected to work in the North Sea and in Europe to deliver Projects sanctioned by Clients from both the Oil & Gas and the Renewable Energy industries.

Mark Preece, Reef Subsea Chief Executive Officer, said: “I am extremely pleased we can increase Reef Subsea’s fleet with two newly-built environmentally friendly vessels. Our fleet is now comprised of four vessels, three of which are new. These new vessels provide added value in our service to our Clients and excellent offshore working conditions for the Project teams. Our new share ownership in Neptune Subsea represents an element of control for the years to come as well as a potential ability to increase our participation.”

BjQrn Endresen, Neptune Offshore Chief Executive Officer, commented: “On behalf of Neptune Offshore and Neptune Subsea, I am very proud to see the two Vessels being well received in the market place, and we believe the Vessels will serve Reef Subsea, its clients and the market in general in a prosperous way.”

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Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

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