Solstad-Vard in new build deal

OE Staff
Wednesday, March 12, 2014

Ship designer and builder Vard Holdings has agreed a letter of intent with Solstad Offshore for the design and construction of a large offshore subsea construction vessel (OSCV). 

The contract will be the largest single vessel order in VARD’s history and the vessel will become the largest in Solstad’s fleet, when built.  

The vessel will be a VARD 3 19 design, developed by Vard Design in Ålesund, Norway. The hull will be built at Vard Tulcea in Romania, with outfitting at Vard Brattvaag, Norway. Delivery is scheduled for 2Q 2016. 

The vessel will have a 550-ton top tension vertical lay system, enabling the installation of large diameter flexible pipes in ultra-deep water and in harsher environments. In addition, it will feature a 600-ton active heave compensated offshore crane and a 4000-ton under-deck carousel, for storage of flexible pipes, cables, and umbilicals. 

The vessel will be about 180m-long and 33m-wide, and it will have a deck area of more than 500sq m. 

The order comes after Solstad signed a letter of intent with a major international offshore contracting company to construct and operate a large subsea construction vessel. The intention is that the client will charter the vessel from Solstad for eight years, with three one year options. 

 
Categories: Design Europe Subsea Vessels

Related Stories

Shearwater Lands 4D Survey at Equinor’s Norwegian Sea Field

Shearwater Lands 4D Survey at Equinor’s Norwegian Sea Field

Solstad Offshore’s Two CSVs Get Jobs in South America

Solstad Offshore’s Two CSVs Get Jobs in South America

Subsea7 Nets ‘Substantial’ Contract off Norway

Subsea7 Nets ‘Substantial’ Contract off Norway

Current News

Norway Identifies Four More Sites for Offshore Wind Development

Prio Aims to Double Oil Output in 2026

ABS: Floating CO₂ Injection Facilities Report

Iran’s Top Security Body to Weigh In on Strait of Hormuz Closure

Subscribe for OE Digital E‑News

Offshore Engineer Magazine