Subsea 7 Expands Its Fleet with the Arrival of Reel Ship Seven Vega

Written by Valdemar Medeiros

Published on 13/11/2020 at 09:03

Navio seven da Subsea

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Subsea 7 Received The New Construction Of The Reel Ship Seven Vega

According to Phil Simons, Executive Vice President of Projects and Operations at Subsea 7, the new fleet of ships has been designed to install cost-effective flowline technologies that meet the growing trend of longer subsea tiebacks. This includes complex systems of pipe-in-pipe, piggyback, and heat-traced electrically, risers, umbilicals, and structures in water depths of up to 3,000 m (9,842 feet).

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The ship Seven Vega, which is now carrying a pipeline, will work on BP’s Manuel project in the Gulf of Mexico, a two-well subsea tieback to the Na Kika platform, in water depths of up to 1,900 m (6,233 feet).

Subsea 7 Committed To Spend $25 Million On Ships

In September, Subsea 7 also committed to spend $25 million on the conversion of the Seven Phoenix for offshore wind cable installation work, as its cable installation vessel Seaway Aimery will likely be busy until 2022. The conversion has begun, and the vessel is expected to rejoin the fleet in Q2 2021.

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Market Outlook For The New Fleet

Regarding market outlook, Subsea 7 sees activity levels increasing in the Gulf of Mexico, with a portfolio of projects involving low-cost tiebacks to existing infrastructure.

In Brazil, strong tenders for pre-salt work benefit from favorable oil price reductions, and Norway also offers opportunities following the introduction of tax incentives.

Elsewhere, notably in the UK, Africa, and Asia, the outlook is less certain, with the timing of certain projects in Saudi Arabia, including Marjan 2, under client review.

Subsea 7 Expands Its Fleet with the Arrival of Reel Ship Seven Vega

Subsea 7 Received The New Construction Of The Reel Ship Seven Vega

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Subsea 7 Committed To Spend $25 Million On Ships

Market Outlook For The New Fleet

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Subsea 7 Expands Its Fleet with the Arrival of Reel Ship Seven Vega

Subsea 7 Received The New Construction Of The Reel Ship Seven Vega

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Subsea 7 Committed To Spend $25 Million On Ships

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A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

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