Christened July 12, in Aalesund, Norway, the Olympic Intervention IV is chartered for an initial term of five years to Oceaneering International, Inc. as previously announced.

The vessel was built by Olympic Shipping AS and will commence operations in the Gulf of Mexico as planned for subsea hardware installation such as umbilicals, subsea trees, jumpers, flying leads and manifolds following Gulf of Mexico sea trials. The vessel can also perform inspection, repair and maintenance (IRM) projects and is capable of well intervention services including riserless wireline, electric line, and plug and abandonment operations using the Subsea Intervention Lubricator System (SILS).

The 312' DP-2 Olympic Intervention IV features two Oceaneering Millennium Plus ROVs, a helideck, a 150-ton heave compensated crane, a large working moonpool, accommodations for 100 personnel and a satellite communications system for transmitting streaming video for real-time work observation by shore personnel.

Olympic Intervention IV underway after Christening in Aalesund, Norway on July 12, 2008.
(Photo Credit: Oceaneering Frank Connors)