Subsea 7 subsidiary adds vessel in three-year agreement

MMA Pinncale
MMA Pinncale

I-Tech Services, a subsidiary of Subsea 7, has today announced a three-year charter agreement with MMA Offshore for a new vessel.

The MMA Pinnacle will be the fifth vessel added to i-Tech Services fleet and will undertake offshore inspection, repair and maintenance (IRM) and light construction activities.

Working in the Asia Pacific region, the charter agreement with MMA Offshore lasts three-years with the option of an extension.

The custom-built, remotely operated vehicle support vessel (ROVSV) is SPS compliant with accommodation for 100 people.

It is equipped with a 150 tonne Macgregor Active Heave Compensating crane mounted on a 1,000 sqm deck.

Equipped with a helideck, it is designed with on-board systems and infrastructure to allow longer periods on location.

The vessel is due for deployment from September 2018.

Steve Wisely, senior vice president, i-Tech Services, said: “This investment to our fleet strengthens our capacity and capability whilst reinforcing our market-leading position as a fully-integrated Life-of-Field partner. It also firmly underlines our commitment to the success and expansion of our business in the Asia Pacific region which is a key strategic growth area for us.”

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