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Haldane, is scheduled for Q2 2016. The gionally focused business, so we need to be providing integrated solutions to clients in

Multiregional Ops, deal represents an investment of $200 front-facing in each region, and we achieve the oil, gas and renewable energy sectors –

Regionally Focused million per vessel, including additional “Our vision since the very beginnings of this through the operation of local regional there is the space available for a worldwide plant and equipment, and is the latest in a the company has been to make Harkand a of? ces supplying customized services and player serving all regions in a full-service series of investments in the growth of the $1 billion business, and to do that means operating customized vessels to meet local way, and this has been our vision since our company’s global vessel and ROV ? eet, we have to be multiregional. IRM is a re- needs. We are a full-service IRM company founding in 2012.” including the long-term charter of the

Siem Spear? sh for its U.S. operations.

Meeting Diving Services Needs “Diving services are at the core of our IRM services. Following the very successful deployment of the Harkand

Atlantis in the North Sea and Harkand

Da Vinci in Africa after their delivery in 2011, we aim at further expanding our capacity in the high-end DSV market, especially the North Sea,” said Reed. “The Haldane takes on the proven char- acteristics of Atlantis and Da Vinci, and adds a number of improvements. The investment we are making in our busi- ness both in terms of our people and our assets underlines our commitment to cre- ate a modern, safe and ef? cient ? eet that meets the highest standards of our cus- tomers on a global basis.”

The contract brings Harkand’s invest- ment in its global operations since its formation to more than $300 million, boosting its vessel ? eet to eight and its

ROV ? eet to 32.

“This latest dedicated vessel will not only be instrumental in responding to our growing number of projects in the North

Sea and globally, it will address the short- comings of DSV supply, both in quantity and quality, that exist in the current mar- ket,” Reed said.“ This will allow us to continue to offer the latest innovations in subsea technology through a state-of-the- art ? eet both now and in the future.”

The vessel is of VARD 3 03 design, specially designed and equipped for div- ing and subsea operation duties with a high focus on good sea-keeping abilities, excellent station keeping performance and low fuel consumption. It will be ? t- ted with a 250-metric-ton offshore crane, an ROV hangar and a Twin Bell 18 Man

Saturation Diving System capable of supporting split level diving operations to a maximum diving depth of 300 me- ters. In addition to diving support, the vessel also has deepwater capability with the 250-metric-ton crane having 3,000 meters of wire, meaning it can perform work both in shallow water as well as deepwater ROV-related tasks.

“The Harkand Haldane is a very high- spec DSV which will likely operate in the

North Sea,” said Reed, “but there will be demand for its use in other regional areas due to its high ? exibility, a key consider- ation in a downturned market.

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