Global Industries announced today that it has signed a Memorandum of Agreement to acquire the Olympic Orion, a DP-2 multi service, ROV, deepwater construction and diving vessel. The vessel will be renamed the Global Orion and is available for service this month.
The Global Orion is a 298.6 ft (91 m) x 64.6 ft (19.7 m) fuel efficient, environmentally friendly vessel. In addition to SURF capabilities, the vessel is suitable for subsea installations, marine construction for field development, IRM, ROV missions and diving support.
The vessel has comfort class accommodations for 62 personnel and is equipped with a moon pool and a 150 ton, active heave compensated crane with 3,000 m of cable. The ship will be outfitted with a saturation diving system and ROV.
B.K. Chin, Chairman and Chief Executive Officer, stated, “The Orion further demonstrates Global’s strong commitment to expanding its high quality fleet to accommodate the needs of our clients as we continue implementation of our business strategy to increase involvement in the deepwater/subsea SURF, IRM and decommissioning markets and integrated projects.”
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Countdown to OTC.08 Houston -Exploration & Production: The Oil and Gas Review - Volume 6 Issue I will be available at OTC.08, the premier offshore industry event for professionals, service industries and suppliers, via the magazine cubicles in the main lobby of the Reliant Center. The Managing Editor, Nigel Lloyd and the Associate Director, Jag Kambo will also be attending. Please email to arrange a meeting in order to present your organisation's innovations, activities and future strategies so we can inaugurate them into 2008's editorial calendar - on-line and in print.
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Exploration & Production: The Oil and Gas Review 2008 - Vol 6 Issue I will keep key decision-makers best informed of the latest developments, equipment and services by covering a host of burning issues and balanced viewpoints from respected contributors as well as industry and product news, company profiles, the latest trends, specific practical features, technical reports and papers for today's exploration and production industry.
An international publication covering the dynamics of a rapidly changing and diverse hydrocarbon processing industry. The publication provides a platform where leaders and experts can engage in point-critical discussions shaping the downstream industry.
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