Technip and DOF announce the delivery of Skandi Açu and commencement of contract with Petrobras
Regulatory News:
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) and DOF Subsea
announce today that through their 50/50 owned affiliate TechDof Brasil
AS, they have taken final delivery of the pipe-lay support vessel (PLSV)
Skandi Açu. The vessel has been approved for hire by Petrobras and
commenced as per commitment at 00h00 on August 13th 2016 its 8-year
charter contract. It is the first of 4 PLSVs fixed on long-term charters
with Petrobras which were awarded to the joint venture between DOF
Subsea and Technip in August 2013.
The vessel is designed to achieve a 650-ton laying tension capacity,
thus enabling the installation of large diameter flexible pipes in
ultra-deepwater environments, such as the Brazilian pre-salt.
The vessel has been built by VARD in Romania and Norway, and the main
pipelaying equipment by Huisman in Czech Republic and in the
Netherlands. Skandi Açu has gone through complete sea-trials and
acceptance tests by Petrobras. The long-term financing of Skandi Acu is
arranged by Société Générale, GIEK and Eksportkreditt.
DOF Subsea CEO, Mons S. Aase, said: “The extensive newbuild program
of 4 PLSVs together with Technip has combined the subsea and vessel
expertise across our organizations. Taking final delivery of Skandi Açu
and commencing the contract with Petrobras is an important milestone in
our partnership with Technip, and the joint venture now has 3 vessels in
operations. I look forward to seeing the vessel in operation in the
years to come.”
Hallvard Hasselknippe, President Subsea for Technip, commented further: "This
new state-of-the-art PLSV, with the most advanced pipelay equipment and
highest flexible pipelay tension capacity in the world, demonstrates
again our extensive ultra-deepwater pipelaying experience, and our
commitment to enable projects offshore for our clients."
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About Technip
Technip is a world leader in project management, engineering and
construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most
complex Offshore and Onshore infrastructures, our close to 32,500 people
are constantly offering the best solutions and most innovative
technologies to meet the world’s energy challenges.
Present in 45 countries, Technip has state-of-the-art industrial assets
on all continents and operates a fleet of specialized vessels for
pipeline installation and subsea construction.
Technip shares are listed on the Euronext Paris exchange, and its ADR is
traded in the US on the OTCQX marketplace as an American Depositary
Receipt (OTCQX: TKPPY).
About DOF Subsea
The DOF Subsea Group is a specialist subsea service business that
provides subsea construction, subsea engineering, inspection, repair and
maintenance and survey services, which involve complex and challenging
engineering in an international environment.
DOF Subsea owns a large fleet of modern subsea construction,
intervention and survey vessels that enable it to offer differentiated
positions with its clients and work in long term relationships, which
enhance service delivery and reduce the overall risk.
The company’s core business is project management, engineering, vessel
operations, survey, remote intervention and diving operations, primarily
for the Oil and Gas, Marine Telecommunications and Renewables markets.
www.dofsubsea.com
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