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General: Superior Endeavour resumes operations

Posted on 12.09.2007 - 08:00 EDT in GENERAL NEWS by Rons_ROV_Links

Superior Endeavour resumes operationsSuperior Offshore International, Inc. (NASDAQ: DEEP), a leading provider of subsea construction and commercial diving services to the offshore oil and gas industry, announced today that the Superior Endeavour, a DP II vessel, has returned to work after a $25 million upgrade.

"This state-of-the-art multipurpose diving support vessel can now work on deepwater jobs anywhere in the world and will have an immediate impact on our bottom line," said Jim Mermis, president and chief executive officer of Superior Offshore International.

"The Endeavour successfully completed sea trials following this significant upgrade and is currently mobilizing for Mariner Energy's Bass Lite Project in the Gulf of Mexico assisting with the installation of a new flowline into the Devil's Tower facility."

The vessel upgrades include:

•  Installation of a 12-man IMCA compliant integrated 1,000 foot/300 meter saturation diving system, including a hyperbaric rescue chamber and a three-man diving bell
•  Installation of a 50-ton knuckle-boom crane
•  A dynamic positioning system power management upgrade
•  Overhaul of the main engines and ancillary machinery
•  Refurbishment of all shipboard piping
•  Installation of new generators and engines for the DP system
•  Upgrade of the integrated 35-ton vessel pipe-davit system
•  Installation of an IMCA compliant surface diving system
•  Upgraded and increased accommodations to house 71 persons
•  Installation of client and project offices, with upgraded IT and worldwide communications systems
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