Island Offshore announced that it has signed a contract with Kawasaki Heavy Industries in Japan for the construction of a large offshore vessel to be built according to Mobile Offshore Unit (“MOU”) regulations, the company said in its press release.
The vessel is of Rolls-Royce UT 777 design, developed in close cooperation with Island Offshore. Emphasis has been placed on designing and outfitting the vessel for optimal subsea operations, such as Tophole Drilling, Light Well Intervention, Subsea Construction and Inspection, Maintenance and Repair work. The vessel is due for delivery in 2017.