The contract covers the engineering, procurement, construction and installation of a floating production, storage and offloading unit for the Kutei North Hub Field Development Facility
Each CSOV will measure approximately 87 meters in length and 19.5 meters in beam. They will be equipped with state-of-the-art DP2 positioning and seakeeping systems.
VARD has signed a contract with the Taiwanese based company Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s).
Vard has signed a new contract for the design and construction of five Walk-to-work vessels with an international customer. The value of the contract is considered as very important.