Singapore: A DP3 multi-lay construction vessel being built in the Netherlands for Ezra Holdings is currently undergoing commissioning and should be fully operational by March this year.
The vessel, Lewek Constellation, is ice-classed and has heavy lift capabilities, and is one of only two vessels of this class in the world.
Ezra says the vessel has backlog of outstanding contracts worth $0.5bn prior to its completion and is fully committed until mid-2016.
From early 2016, the vessel will be deployed in Australia on a $105m construction contract signed with Apache Energy this month.
The contract includes project management, engineering, transportation and subsea installation of an electro-hydraulic steel tube umbilical, two heavy lift subsea manifolds, flying leads and jumpers as well as the procurement, fabrication, transportation and installation of diverless tie-in spools for Apache’s Julimar Development Project offshore Australia.
The Singapore-listed offshore services provider has closed the increased loan facility to finance the construction up to the point of the vessel's completion.
“We are excited to be part of this landmark project for the subsea industry, and to see the Lewek Constellation come online. The Lewek Constellation will be only one of two vessels in the world in her class, and we are proud to be associated with the project from start to finish,” said Magnus Piene, global head of offshore for DNB, the co-lead-arranger for the loan facility for the Lewek Constellation. [30/01/15]