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unique, integrated agreement between all three parties has resulted in the design, construction, commissioning and on-schedule delivery of the vessel in just over 24 months, which is an excellent team effort." Seven Seas is the fourth in a series of seven new vessels to be added to the Subsea 7 fleet over a 24 month period and represents an investment of $200m, from a total investment of over $1bn in new assets and equipment between 2006 - 2008. Main features of the vessel include: ROV Systems The vessel is fitted with two over side launched work class ROVs — built to Subsea 7's design and subcontract- ed to SMD Hydrovision — rated to 3000 m. Preinstalled service points allow easy installation of additional work- class and observation class ROVs. Pipelay Systems The vessel is fitted with a pipelay tower designed for flexlay, J-Lay and moonpool deployment operations. The tower consists of two aligner chutes (one port, one star- board), a retractable electric driven upper 170 t flex ten- 22 MTR May 2008 vessels Seven Seas was built by Merwede Shipyard in Hardinxveld-Giessendam, the Netherlands. MTR#4 (17-32).qxd 5/13/2008 1:49 PM Page 22