Romania: GSP Acquires New Pipelay Vessel Acergy Falcon

Grup Servicii Petroliere SA (“GSP”) today announces buying the pipelay vessel Acergy Falcon from Subsea 7.

Falcon is a highly versatile DNV classed pipelay vessel, 153 meters long, capable of installing rigid pipelines up to 14 inch diameter and also flexible flowlines and umbilicals.

GSP expects to take delivery of the vessel in September 2011. The vessel will be renamed GSP Falcon.

GSP has signed an exclusive 5 year deal with Bibby Offshore for the provision of diving and tie in services in North West Europe. In other markets GSP will bid alone.

Source: GSP, August 18, 2011;

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