McDermott Announces Planned J-Lay Modifications for Pipelay and Construction Vessel Amazon
MCDERMOTT INTL (MDR)
Last mcdermott intl earnings: 11/4 04:15 pm
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mcdermott-investors.com/phoenix.zhtml?c=96360&p=irol-calendar_pf
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Source: PR Newswire
HOUSTON, July 31, 2018 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today its modification plans to convert the Amazon to an ultra-deepwater J-Lay vessel. The Amazon will be capable of installing hex-joints up to 24 inches (60 centimeters) in diameter on a worldwide basis. The Amazon is operated by McDermott under a long-term bareboat charter that started in 2017. The vessel is equipped with twin 400 metric ton (440 ton) cranes and accommodations for 200 personnel. The modifications will consist of removing the existing tower and replacing it with a J-Lay system with 1,500 metric tons (1,653 tons) of dynamic top tension on the tower, which will enable large subsea structures and hex sections of pipelines from 4.5 to 24 inches (11 to 60 centimeters) to be installed. The Amazon modifications will include an integrated multi-joint facility, where single joints will be welded to form hex joints. The 10,000 metric tons (11,023 tons) of existin
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