OCEANTEAM, with J. Ray McDermott, has awarded a contract for the construction of a high-capacity rigid-reeled pipelay vessel to Metalships & Docks Shipyard in Vigo, Spain.
North Ocean 105 is the fifth in the Oceanteam series. It will be capable of installing flexible products including submarine cables, umbilicals and flexible pipelines, as well as rigid-reeled pipelines, subsea components and hardware, along with deepwater moorings for floating facilities. The vessel is due for delivery in early-2012 and will kick off on a five-year charter with J. Ray McDermott.