STX OSV Bags Contract to Design, Builds Subsea Construction Vessel

STX OSV revealed Thursday that it has secured a new contract for the design and construction of one offshore subsea construction vessel for Solstad Offshore. The value of the contract is approximately $109 million (NOK 600 million).

The vessel will be of STX OSV's OSCV 03 design, and will be equipped with a 250 tonne crane and accommodation capacity for 100 people. The overall length of the vessel will be around 367 feet (121 meters), with a beam of 76 feet (23 meters).

Delivery is scheduled from STX OSV Aukra in Norway in 2Q 2014. The hull will be delivered from STX OSV Tulcea in Romania.

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