Vard delivers ‘Normand Vision’
Solstad Offshore ASA yesterday took delivery of “Normand Vision” Construction Support Vessel from Vard Group AS, Søviknes.
The vessel started directly on a 8 year firm chart with Ocean Installer AS with additional 2 yearly options.
“Normand Vision” is a large, sophisticated subsea vessel with a length of 157 meters.
It has a 400 ton subsea crane, a 3000 ton under-deck carousel and a 150 ton VLS (Vertical Lay System).
The overall cost for the vessel is approximately USD 250 million, including the VLS.
A long-term facility of USD 187,5 million has been drawn from Eksportkreditt Norge AS, guaranteed by SpareBank 1 SR-Bank ASA and GIEK.
July 02, 2014
