Allseas president Edward Heerema, speaking at OTC in Houston, said the new contract should be signed for the twin-hull newbuild “within weeks” when final formalities are cleared.

He declined to offer specific details of the client or project, but said the job comprises topsides installation work.

This contract comes hot on the heels of the giant award secured by Allseas last week for the installation of the South Stream gas pipeline across the Black Sea.

Heerema