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Wednesday, 01/02/2008 9:23:51 PM

Wednesday, January 02, 2008 9:23:51 PM

Post# of 107353
Great Networking Here for Deep Down!

Veolia ES Industrial added to DPDW client list...Nice!


Veolia Environmental Services Invests in State-of-the-Art Marine Vessel
Monday December 10, 9:29 am ET
New Ship Strengthens Veolia Environmental Services' Capabilities in Marine and Sub-Sea Operations to Offer New Deepwater Services to Oil and Gas Customers Worldwide

LOMBARD, Ill.--(BUSINESS WIRE)--Veolia ES Industrial Services is pleased to announce the addition of the DSV MT-6016 vessel—named the Swordfish—to its growing Marine Services Group. Designed with cutting-edge technology, the new ship was custom-designed to allow Veolia Environmental Services to take on more complex sub-sea construction and dive-support projects. The vessel is currently at port in Galveston, Texas, and will be deployed during the month of December. The Swordfish will initially be assigned to a contract Veolia Environmental Services has with Chevron’s Houston-based hurricane restoration team working in the Gulf of Mexico.

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Veolia ES’ Marine Services Group, which includes a fleet of dive support vessels, undersea remote operated vehicles and highly qualified diver-technicians, is expected to grow from $7 million in revenue in its first year (2005) to well over $100 million in 2007.

Mr. Denis Gasquet, Chief Executive Officer of Veolia Environmental Services, stated: “The Swordfish will be the fifth vessel in our Marine Services fleet and will strengthen our “deepwater” capabilities to serve offshore oil and gas customers in the Gulf of Mexico and around the globe.” He added: “This strategic investment affirms our capacity to offer marine and sub-sea services that combine high-tech performance with safety.”

The Swordfish was designed by Marin Teknikk and built by Kelven Verft in Norway. It was designed to maximize deck and work space for equipment, materials and supplies and is spacious enough to comfortably house over 100 diver-technicians and personnel.

Onboard the 103.7-meter-long Swordfish, crews will travel at up to 16 knots and take advantage of the ship’s cutting-edge technology, including a moon pool launch and recovery area, and a 150-ton, heave compensated crane designed to help keep loads stable even in heavy seas. The ship will also have a 1,000 foot-rated saturation diving system, which is currently under construction by VES Marine Services in Appleton, Wisconsin.

Veolia Environmental Services North America Corp., headquartered in Lombard, IL, offers fully integrated environmental solutions to virtually all industrial, commercial, municipal and residential sectors. It is part of the Veolia Environmental Services (VES) group, the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing, industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors. VES has over 80,000 employees in 33 countries and posted revenues of $9.8 billion in 2006. Veolia Environnement (NYSE:VE - News), the parent of VES, with operations in water, waste, energy and transportation management, has more than 300,000 employees in 64 countries and recorded revenues of $37.7 billion in 2006. For more information, please visit www.VeoliaES.com.

Veolia Environmental Services, the division of Veolia Environnement in charge of waste management business, is the only provider of a full range of services for hazardous and non-hazardous solid and liquid waste all over the world. The company provides waste management and logistics services (collection, pipe systems maintenance, cleaning, waste flow management), as well as materials recovery and recycling. Veolia Environmental Services generated revenue of €7.4 billion in 2006. www.veoliaes.com

Veolia Environnement is world leader in environmental services. With more than 300,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and freight and passenger transportation. Veolia Environnement recorded revenue of €28.6 billion in 2006. www.veolia.com