Merwede gets another Subsea 7 order

Norwegian-controlled subsea contractor Subsea 7 Inc has ordered a new pipelay and construction vessel from the Dutch shipbuilder Merwede Shipyard at an overall project price estimated at $190m.

The new 133-metre vessel will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, and will be delivered in the third quarter of 2010.