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Allseas Group going ahead with single-lift platform installation

Published Oct 24, 2008
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The Swiss-based Allseas Group has informed that despite the present banking crisis, the development of the single-lift platform installation and decommissioning / pipelay vessel Pieter Schelte is firmly going ahead, the company being free of debt.

So far, firm commitments have been made to a value of 200 million euros, and offers from shipyards in Southeast Asia for construction of the vessel are under review.

The banking crisis leads to a delay of a number of months to the hull construction contract award. In the meantime, the detailed design of the vessel is progressing in order to have a minimal delay in the delivery date of the completed vessel, presently targeted for 2012.

Recruitment of personnel to further prepare for building and operating the vessel continues with full force.