December 22 2014 Latest news:
By annabelle dickson
Tuesday, July 17, 2012
Great Yarmouth-based Seajacks is set to add a fourth jack-up vessel to its fleet after placing a £77m ($120m) order with plans for a fifth already in the pipeline.
The company has placed an order with engineering firm Lamprell and the vessel, which will be called Seajacks Hydra, will work in the offshore wind and oil and gas sectors, will be built in the United Arab Emirates and will be delivered in 2014.
It comes after Seajacks was acquired by Marubeni Corporation and the Innovation Network of Japan (INCJ) in March from Riverstone Holdings.
Kevin Alcock, vice president of new build projects at Seajacks, said: “Hydra will become the fourth vessel in our fleet and is part of our long term growth plan following the acquisition of the company by Marubeni and INCJ earlier this year. As part of that plan we are already working on the design and specification of vessel five. As constructor of our previous three vessels, Lamprell has already proven that they can deliver a quality product on time, and on budget. We trust that they will continue to do so and that is why we continue to have faith in them and consider them as a valuable partner to Seajacks.”
The vessel will be equipped with “dynamic” positioning, it will have a high speed jacking system and a 400t crane.
Cheif executive of Seajacks Blair Ainslie, said Hydra would be a of similar design to the previous jack-up vessels Kraken and Leviathan.
“Hydra will be an excellent addition to the state-of the-art fleet that we are building here at Seajacks,” he added.
Seajacks Kraken is currently undertaking a two year well intervention and maintenance campaign for Shell UK and NAM in the Southern North Sea, while Seajacks Leviathan continues to perform effectively in the offshore wind sector, having recently completed turbine installation at Sheringham Shoal Wind Farm. Seajacks’ newly constructed third vessel, Zaratan, has now arrived in Europe following it’s voyage from Lamprell in Dubai.
Lamprell has built three vessels for Seajacks previously; Kraken, Leviathan and Zaratan, all of which have been operating on oil and gas and wind farm projects in Canada, UK, Holland, and in the near future in Germany.
Plunging oil prices will have a damaging effect on the region’s energy sector, but the impact will be more keenly felt in Scotland, industry experts have warned.