Technip to Charter Farstad’s Newbuild Subsea Vessel

Farstad Shipping ASA has been awarded a 5 year framework agreement by Technip Norge AS for delivery of ROV support operations, light construction work, IMR and other subsea related activities.

The Agreement gives Technip the right to utilize the newbuild vessel up to 320 days per year, and to extend the contract with a further up to 5 year period. Start of the framework agreement will be in the 1st quarter 2017.

To fulfill the contractual obligations Farstad Shipping ASA will enter into an agreement to build one subsea/IMR vessel. The vessel has been developed and designed in close cooperation with Technip to support IMR activities with crane capacities up to 150 tons.

Farstad Shipping is in final negotiations with a yard about the Shipbuilding Contract.

Press Release; Image Farstad

Share this article

Follow Subsea World News

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >