FMC Technologies, Inc. announced today that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston.
Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea services for offshore oil and gas fields globally. Services to be offered by the joint venture include equipment intervention, riserless light well intervention, plug and abandonment and other services. The company’s objective is to provide cost-effective solutions to enhance the customer’s ability to initiate, maintain, and increase production from subsea field developments through efficient operations, innovative technologies and a broad inventory of vessels and tools.
”We are pleased to be working with Edison Chouest Offshore to expand the portfolio of subsea services offered by FMC Technologies,” said Tore Halvorsen, FMC Technologies’ Senior Vice President, Subsea Technologies. “This joint venture will provide integrated subsea solutions to address the growing needs of our customers to increase production and improve field recovery rates.”
”We look forward to working with FMC Technologies on this new venture,” said Dino Chouest, Vice President of Operations, Edison Chouest Offshore. “Their leadership in the subsea market combined with our expertise in marine transportation will bring new integrated technologies and operations to the development of subsea fields.”
New building vessel is continuation of the series of four units of the same type which has been started last year. She will be built according to the project elaborated by polish design office MMC Ship Design & Marine Consulting Ltd from Gdynia. The vessel will be equipped with Diesel – Electric propulsion system allowing most cost efficient exploitation, reduction of fuel consumption and lower emission of NOx and SOx to the atmosphere.
Working deck of 1000 m2 will enable to carry high-volume goods, which makes that vessel the biggest one in her class. Technically advanced vessel will operate the complex deep-water operations in the region of South America and Africa.
The vessel will be equipped with Class 2 dynamic positioning system and fitted to operations in world – wide sea areas, in each weather conditions. After completion of the construction and carriage of complex sea trials, the vessel will be delivered to the Owner in the fourth quarter of 2013. The contract includes an option to build another, sister vessel.
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