The cable lay, construction, and subsea support vessel, will have the ability to install up to 5,000 tonnes of power cables, umbilicals and small diameter flow lines from its integrated carousel.
The vessel will be built in northern Spain, with delivery expected by the end of 2006, and will be managed by North Sea Shipping A/S under their ongoing close co-operation with Oceanteam.
Oceanteam has recently merged its inspection, repair and maintenance (IRM) and survey activities with DeepOcean, a major Norwegian marine and subsea contractor, who operate nine vessels primarily in the Norwegian and Mexican oil and gas markets.
The merger will allow Oceanteam, through its new Power & Umbilical Division, to focus on the rapidly expanding international power cable and umbilical installation markets.
The two companies will work closely together providing a broad range of support services including ROV, survey and route assessment, soil analysis and Proteus II, a 3-D data visualisation and management system.
Oceanteam Power & Umbilical Limited is focussed on three main markets: the North Sea and European oil and gas markets, offshore windfarms and the international power cable installation market.
Mike Chew, Oceanteam P&U Managing Director said: "We believe the continued and sustained growth in all sectors of the subsea market offers huge expansion potential for the company. We are delighted to announce we have placed an order for a new vessel, whose differentiating factor is its fast transit speed. It is capable of steaming at 15 knots, making it ideally suited to transporting power cables and umbilicals from the main manufacturing sites in Europe for worldwide installation."
The company will also operate a suite of state-of- the-art burial tools suitable for burying large diameter cables, umbilicals and flexible flow lines in a variety of soil conditions in depths of up to 3m.
Oceanteam relocated to new offices located alongside Aberdeen harbour in September. It is anticipated approximately 25 people will be employed onshore, with over 100 people employed on their offshore vessels and projects.
December 2, 2005
Offshore Shipping Online