STX Europe to build two Platform
Supply Vessels for Rem Offshore

25-05-2010

STX Europe has entered into new contracts with Rem Offshore for the building of two Platform Supply Vessels. The vessels are of STX Europe PSV 06 design. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total contract value is approximately NOK 750 million.

Roy Reite, President of STX Europe's Offshore & Specialized Vessels business area, says: "High focus on innovation combined with our adaptability to meet the offshore market has resulted in seven new building contracts to our Norwegian yards so far this year. We look forward to continuing the good cooperation with Rem Offshore, we have delivered several vessels to this Norwegian ship owner in the past."

The new vessels are arranged for regular platform supply duties. Some of the vessels features will be:

• Oil Recovery in accordance with DNV and latest NOFO 2009 guidelines
• Ice-C class
• Dynpos AUTR, dynamic positioning system

The vessels are in particular designed for environmental friendly operations with focus on low fuel consumption, and in accordance with Clean Design requirements. The vessels will be prepared for catalytic reactor exhaust system for reduced emissions to air.

The hulls will be built at STX Europe, Tulcea in Romania, and outfitted at STX Europe, Langsten in Norway.

Main Particulars:
Length overall: approx. 94 m
Breadth moulded: approx. 20 m
Depth main deck: approx. 8,3 m
Deadweight: approx. 5300 tons
Cargo deck area: approx. 1100 m2

STX Europe is an international shipbuilding group which aims to be the leading builder of cruise and offshore vessels. The group has a strong position in terms of developing state-of-the-art concepts, technology, processes and products for customers around the world. STX Europe comprises 15 shipyards in Finland, France, Norway, Romania, Brazil and Vietnam. STX Europe has approx. 16 000 employees. Formerly known as Aker Yards, the group changed its name to STX Europe in November 2008.

STX Europe's principal shareholder, the international industrial group STX, has approximately 40 000 employees and aims to be a global top player in its core areas; shipping and trade, shipbuilding and machineries, plant and construction, and energy.

STX Europe ASA