• Thursday, April 25, 2024
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NigerStar 7 acquires pipelay vessel for execution of deep offshore projects

NigerStar 7-vessel

As part of its commitment to developing Nigerian offshore oil and gas industry, NigerStar 7 has on Friday announced the acquisition of a new pipelay vessel, called Seven Antares.

A pipelaying ship is a vessel used in the construction of subsea infrastructure. It serves to connect oil production platforms with refineries on shore. It is used for submerged laying of pipes and ultra-deepwater pipeline installation.

According to the company, the vessel has multipurpose capacity to provide conventional services including heavy-lifting and hook-up projects.

Built in 2009, Seven Antares has a 300t main crane capacity and is a 120t S-lay vessel with capacity to lay pipe of up to 60-inch diameter. It has an accommodation area in excess of 330 berths and a deck area of over 1300m².

The acquisition of the Seven Antares adds up to other recent investments made by NigerStar 7 to strengthen its local fleet, thus, reinforcing the company’s leading role in the ownership of Nigerian flagged vessels.

It also reflects the company’s strategy of domiciling its fleet with the objective of meeting clients’ needs and the requirements of the Nigerian Local Content Act.

Derek Izedonmwen, Sales and Marketing director of NigerStar 7, said: “The Seven Antares acquisition is a very important milestone for us. I am deeply proud of this investment, as it reinforces NigerStar 7 commitment to invest in Nigeria through the acquisition of strategic local assets and to continue to invest and to develop our people.

Izedonmwen said the Seven Antares is currently laying pipe for one of the company’s clients, and “we are sure she will be kept busy supporting the growth of Nigeria’s energy industry.”

NigerStar7 Limited is a Nigerian company that brings together the engineering, installation and project management expertise of Subsea 7, with the fabrication capacity and capability of Nigerdock (a subsidiary of Jagal).

AMAKA ANAGOR-EWUZIE