Maritime Developments will be using this year’s Offshore Europe as a platform to highlight a key innovation which will help increase efficiencies and reduce costs at a groundbreaking North Sea development.
A leading provider of specialist back-deck equipment to the oil and gas industry, the company recently completed the delivery of its first complete flex-lay spread, including its portable vertical lay system (PVLS).
The new portable spread, which includes a vertical lay tower along with Maritime Developments’ patented 4-track tensioner and the company’s third-generation reel drive system (RDS), is due to begin work on one of the largest North Sea developments in recent years. It is to be used by a major international subsea contractor to install flexibles and risers.
Built at the company’s Peterhead facility, the PVLS stands at more than 23 metres in height. It is the first fully road-transportable vertical lay system which can travel to meet product reels at any destination in the world at very low cost.
The vertical tower is a self-sufficient system with all ancillary equipment built within its footprint and installed before lifting on board a vessel - reducing the deck space taken up by the system and the time the vessel spends idle in port.
Derek Smith, CEO at Maritime Developments, said: “We’re looking forward to speaking to customers about our company’s portfolio and explain how we can save time and money on their projects.”