McDermott International, Inc. announced last Thursday that it will build another high capacity reeled pipelay vessel with top-tier payload capacity, tentatively named Lay Vessel 108 (“LV108”).
The vessel will be a sister ship to the recently completed subsea construction vessel the Lay Vessel North Ocean 105 (“LV105”), and is to be built to similar specifications at Metalships & Docks S.A.U. shipyard in Vigo, Spain.
“LV108 is another milestone in our vessel renewal program focusing on the subsea construction market for flexible and rigid product installation,” said Stephen M. Johnson, Chairman, President and Chief Executive Officer of McDermott. “Market analysis indicates that the subsea and deepwater construction market is expected to continue to grow and there is demand for more tonnage in both the rigid reel lay and flexible lay markets. The LV108 is expected to meet this need.”
LV108 is designed for advanced deepwater operations with a high-capacity tower for rigid and flexible pipelay and state-of-the-art marine construction equipment that will enable installation of a variety of products to a depth of 10,000 feet, including rigid-reeled pipelines, subsea components and hardware, and deepwater moorings for floating facilities as well as flexible products – cables and umbilicals.
Delivery of LV108 is anticipated to be around third quarter 2014 for outfitting of the custom-designed lay system, built by a specialist fabricator in Europe.
Published : September 4, 2012
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