allseas in A Sentence

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    Depending on when you start counting from, there have been“three bad years for the installation market,” Edward Heerema, founder and owner Allseas, said,“for everyone.

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    Despite the torrid environment of the past three or four years, Allseas is also continuing work on the Amazing Grace, a single-lift vessel even larger than Pioneering Spirit.

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    Allseas' planned vessel, to be called Amazing Grace, will be a larger version of the firm's existing Pioneering Spirit ship, which removed Shell's Brent Delta platform in the North Sea last year(pictured).

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    It would be a bigger version of Allseas' existing Pioneering Spirit ship, which removed Shell's Brent Delta platform in the North Sea last year, and would cost about $3 billion, Allseas CEO Edward Heerema told Reuters.

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    If Allseas decides to go ahead, it would set a new record as the biggest such vessel ever built, with 50 percent more lifting capacity than Pioneering Spirit, at 72,000 metric tonnes, said the chief executive.

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    Swiss offshore services firm Allseas is planning to build a vessel big enough to be able to remove the world's largest oil and gas platforms when they reach the end of their production lives, its chief executive said.

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    At a nearshore location off the coast of Hartlepool, the topsides will be transferred to Allseas' cargo barge Iron Lady for the final leg of its journey, towage up the Seaton Channel and load-in to the quay at Able UK's yard for dismantling.

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