The contract covers detailed design, construction, outfitting and commissioning of all marine aspects, including the installation of all underdeck pipelay equipment. The remainder of the pipelay system will be installed and commissioned at a later date at the pipelay supplierís facilities.
The new vessel is scheduled for delivery in 2010.
"This major investment in a state-of-the-art vessel is part of our fleet development strategy. It will strengthen the groupís presence on the high-growth Subsea market and respond to a demand which is evolving towards developments requiring high technological added-value at increasing water depths", stated Thierry Pilenko, Technipís Chairman and CEO.
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