Samsung to Build Deepwater Field Development Ship for Saipem

Saipem has signed a turnkey contract with Samsung Heavy Industries Co. for the construction of the new deepwater field development ship, FDS 2.

The overall investment for the construction of the new vessel, including the vertical J-lay tower, is approximately Euro 380 million. Construction will take approximately 36 months.

The new ship, to be built in Koje shipyard in South Korea, will allow Saipem to strengthen its competitive positioning in the highly technological and profitable market of deepwater field development, which is growing in the traditional areas of West Africa, Brazil and Gulf of Mexico, and is expanding in the Mediterranean Sea and Southeast Asia.

Saipem FDS 2 will have a maximum length of 183 meters, a moulded breadth of 32 meters and a moulded depth of 14.5 meters and will be equipped with a vertical J-lay tower with a maximum capacity of 2,000 tons designed to J-lay sealines of up to 36" diameter, in water depths of up to 3,000 meters; she will also be capable of S-laying sealines of the same diameter. Saipem FDS 2 will be equipped with the cutting-edge DP3 dynamic-positioning system, will have a maximum transit speed of 13 knots and be able to accommodate 325 people, in compliance with the most stringent international comfort standards.