Monday, 06 September 2010

Master Marine ASA
Head Office
Drammensveien 288
Postbox 76, NO-1325 Lysaker
Norway
Tel: +47 67 430 430
Fax: +47 92 07 37 37
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16 January 2010 - for immediate release
Press Release from Master Marine AS


Master Marine’s first vessel successfully launched at Drydocks Graha Shipyard in Batam, Indonesia:

January 16th marks a milestone in the history of Oslo based Master Marine AS;
 
Today Drydocks World Graha Shipyard in Batam successfully launched the first of Master Marines two Jack Up Vessels currently under construction at the yard. The second vessel will be delivered September 2010.
 
 
May 2007 Master Marine AS engaged at that time Labroy Shipyard Batam to construct the Company’s first two innovative Jack Up Construction vessels known as the “Service Jacks”.The shipyard was later taken over by Drydocks World.

The vessel, the keel of which was laid on the May 29th 2008, was successfully launched on16th January 2010, and will carry the pennant number L206. The vessel will be formally named upon completion of its final commissioning later this year. This will take place at Nymo construction yard in Eydehavn – Norway.

Characteristics and history of the vessel:

October 2008, ConocoPhillips Skandinavia AS signed a Charter Party with Master Marine for the use of the first vessel, new build no. L 205, as an accommodation unit – “JackTel” at the Ekofisk field on the Norwegian Continental shelf.

The vessel has undergone extensive modifications from the original design. It was initially built in accordance with a specification to transport and install heavy structures offshore.  The Service Jack 2 –  L206 - is going to be completed as originally intended and be delivered as a “Self Propelled Jack-Up Construction Vessel”  in Q3 2010 - and will start work for Statoil/Statkraft in January 2011. The vessel is contracted to install 2 Substations and 88 Offshore Wind Turbines for the Sheringham Shoal Project from January 2011.
 
The first unit is scheduled to be transported on a heavy lift ship from Batam to Eydehavn in Norway in May 2010.

The additional quarter modules, a new crane, modified helideck, helifuel system, lifeboats, additional office module and the add-on footings are planned to be installed in Eydehavn once the unit reaches port in early Summer 2010.

The “JackTel” will have the following main particulars:

Hull primary Specifications:
Length            111.8 m
Breath             50 m
Moulded depth        9 / 13 m
Transit draught:        5.9 m
Loaded draught:        7.4 m

Legs & Spud Cans:
Number of legs            4
Leg length                130 m
Spud cans diameter per leg    21 m

Outfitting & Equipment:
Quarters            447 men
Main engines        13.6 MW
Crane                  50T
Helicopter deck        Sikorsky S-92,
Ballast pump capacity    3,000T per hr


For further information, please contact:
Per Johansson, CEO, Master Marine, +47 91 74 38 60
Thor Stenersen, Marketing Director Master Marine, +47 90 65 96 49

 
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