Subsea 7 confirms new reel lay vessel order

Subsea 7 confirms new reel lay vessel order

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02 October 2017

Subsea 7 has now signed a contract with Royal IHC for the design and build of a new, high-specification reel lay vessel capable of installing complex rigid flowlines including pipe-in-pipe systems.

IHC says that, based on the ratio between top pipe tension and payload to displacement, the ca.US$300 million vessel will be one of the most cost effective vessels to enter the market.

more [source: Offshore Engineer]