Torch
Offshore update on Midnight Express conversion
Posted: 28 May 2004
Torch Offshore, Inc. announced the Midnight Express has substantially
completed its DP-2 sea trials in the North Atlantic Ocean without
any major complications.
The vessel has returned to the shipyard at Davie Maritime, Inc.
for final rig-up and certification before heading to Rotterdam for
installation of the patented pipelay system at the manufacturer's
operation and the special-built crane.
The vessel is expected to leave the shipyard during the first week
of June to begin the 12- to 14-day trip to Rotterdam based on the
expected travel speed of 11 to 12 knots.
It is still the Company's intention to complete final outfitting
and installation of the pipe handling system in the Gulf of Mexico
before the vessel enters the active fleet in the latter portion
of the third quarter of 2004.
The vessel is scheduled to be delivered approximately two weeks
after the negotiated final delivery date of May 21, 2004. The Company
does not expect this minor delay to impact the timing of the Midnight
Express entering the active fleet in 2004.
Lyle G. Stockstill, Torch Offshore, Inc. Chairman and Chief Executive
Officer, commented, "We are pleased that the vessel has almost
completed its first round of sea trials and will be leaving the
shipyard in the coming days. In addition, the pipelay system and
crane are ready for installation in Rotterdam. Our timing is on
track for the vessel to begin work in late 2004."
Established in 1978, Torch Offshore, Inc. is involved in offshore
pipeline installation and subsea construction for the oil and natural
gas industry. Torch Offshore, Inc. is expanding beyond its established
shallow water niche market in order to serve the industry's worldwide
growing needs in the deep waters.
For more information see www.torchinc.com
Posted by Richard Price,
Editor Pipeline Magazine
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