TechnipFMC to sell subsea vessel

TechnipFMC has announced its intent to sell the G1201 vessel as part of its overall strategy to optimize the profile and size of its subsea fleet.

The oilfield services company said on Tuesday it had entered into a Memorandum of Agreement to sell the G1201 vessel.

The Global 1201 is a multipurpose DP2 heavy lift and pipelay vessel suitable for deep and shallow water projects. The MOA is subject to certain conditions precedent to complete the transaction.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.