The Norwegian shipbuilding company Vard, controlled by the Fincantieri Group, and Island Offshore, a Norwegian shipowner operating in the in the oil & gas and renewables market, have signed a contract for the design and construction of an Ocean Energy Latest generation propelled Construction Vessel (OECV) Hybrid. The parties also agreed on an option for two more ships.

The ship, which will be delivered in the first quarter of 2019, 2027, will have a flexible configuration depending on the specific operations to be carried out by the ship. Will subsea operations, including inspection, maintenance and repair, pipe laying, construction and installation of Underwater infrastructure, diving support and equipment for remotely controlled underwater inspection.

120 meters long and 25 meters wide, the unit will be equipped with a 250-tonne offshore subsea crane and will be able to accommodate 130 people on board. It will be prepared for use of low-emission alternative fuels.

Over the course of its history, Vard has already delivered 41 ships at Island Offshore.