The company's purpose is to engage in all activities in the field of construction, in particular the construction, laying, maintenance and repair of pipelines in aquatic environments, as well as the construction, installation, maintenance, repair and improvement of all equipment related to the offshore industry; chartering, leasing and operating ships, in particular in the field of aquatic construction; hiring and placing personnel; providing technical advice, preparing, developing and executing technical work, assigning any construction contract, developing new working techniques, all for its own account or on behalf of third parties. The company may take financial or other participations in any company carrying out similar or related activities and make all investments. It may finally carry out all operations that are directly or indirectly related to its purpose. The company may carry out any transaction and provide any guarantee, mainly in favor of the Allseas group companies.