STX OSV secures subsea ship contract

14 Jun 2012
STX has secured an order for a 156.7m long subsea construction vessel, to be built in Romania and completed in Norway

STX has secured an order for a 156.7m long subsea construction vessel, to be built in Romania and completed in Norway

STX OSV Holdings has announced that it has secured a contract for the design and construction of a large, advanced offshore subsea construction vessel (OSCV) for Ocean Installer and Solstad Offshore.

The vessel, of type OSCV 06L, has been designed by STX OSV and Solstad in close cooperation with Ocean Installer, and is claimed to be highly advanced in terms of station keeping, efficiency and operational performance. The ship is designed to operate efficiently under demanding conditions and is fitted for SURF (Subsea, Umbilicals, Risers, Flowlines) operations. It is 156.7m long, 27m wide and has an aft cargo deck area of 2,100m². It will be equipped with a 150t vertical lay system and a 3,000t below-deck carousel, ROVs in hangars launched through moonpools, and two AHC offshore cranes (400t and 100t) which can both operate down to depths of 3,000m. There will be accommodation facilities for 140 persons. The vessel is designed according to the latest environmental standards with focus on low fuel consumption.

The hull will be delivered from STX OSV in Romania. The contract, valued at about NOK 1.4 billion, is subject to board approval by the Norwegian Guarantee Institute for Export Credits (GIEK). Ocean Installer and Solstad will have joint ownership of the vessel, which is to be operated by Ocean Installer. The vessel is scheduled for delivery from STX OSV in Norway in the second quarter of 2014.

Ocean Installer is a Norwegian subsea entrepreneur headquartered in Stavanger, Norway. Ocean Installer claims expertise within the SURF segment and is expanding its operations and organisation within and beyond the North Sea basin. Norwegian shipping company Solstad provides advanced vessels and support for operations related to the offshore petroleum industry. The company has about 1,600 employees, and operates 50 vessels, with branch offices in Brazil, Singapore, UK and Australia.

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