Noble Denton Reels in $3.5MM Vessel Design Deal

Noble Denton has secured a major contract to carry out detailed design work for a new elevated support vessel, with potential for additional units and around a hundred jobs.

The deal with Gulf Marine Services in Abu Dhabi, is worth approximately $3.5 million and involves the preparation of a design package and license for a multi-purpose self-propelled jackup vessel, the Gusto MSC NG-2500X. The full detailed engineering work will be carried out by the Company's subsidiary ODL from its Sharjah base and work on the primary structure is already underway. The contract is a contributory factor in Noble Denton's expansion in Sharjah where employee numbers will grow to 100 this year.

The NG-2500X is designed to perform field moves and jacking operations without tug assistance. The current design is intended for well services, repair and maintenance, installation and decommissioning projects. It has accommodation for 150 personnel, has a 280T crane and can operate in 200 feet of water. The unit will be built in compliance with ABS regulations and Panama Flag and to full North Sea specifications. Hull construction will take place in China and will take approximately nine months to finish. The vessel will then be completed in the UAE at GMS own facility.

"There are insufficient lift boats of this quality in the market," said Reuben Segal, Noble Denton's Global Design & Construction Director. "Its unique design allows the vessel to operate in benign regions as well as limited areas of the North Sea and its DP-2 class positioning system will permit smooth approach to offshore platforms.

"Noble Denton has extensive knowledge in the design of these vessels as well as good working relations with the construction yard in China where these vessels will be built. The team's thorough understanding of the working practices in the Far East and a strong familiarity with a broad range of design software and comprehensive project management skills, enabled us to secure this major contract which will further expand and strengthen the GMS fleet.

"We have an established reputation in the UAE and this is the first major contract of this size for GMS. We look forward to working with GMS again in the future."