Technip has entered a long-term charter agreement for a new build offshore construction vessel with North Sea Shipping. The charter will be for a period of five or seven years commitment plus a five-year extension option, with a further option to purchase the vessel.
The vessel is specially designed and equipped to suit the Norwegian installation market. This advanced subsea construction vessel has a length of 142 meters and width of 27 meters, and is equipped with a 400-ton crane and a 2,000-ton carousel for storage of flexible pipe below deck. The vessel will be built at Bergen Group BMV AS in Bergen, Norway, and delivered in 2014.