Offshoretråden - Kontrakter

Long term contract award for PSV in Norway ​

Solstad Offshore ASA (“Solstad”) is pleased to announce that Aker BP has chartered the large PSV Normand Arctic to support their activities on the Norwegian Continental Shelf.
Commencement of the contract, that is a part of the existing Frame Agreement between Aker BP and Solstad, will take place during Q4 2022 and have a firm duration of 15 months.
 

The DOF group awarded multiple contracts with Petrobras​


DOF is pleased to announce that Petrobras has awarded new long-term charter and service contracts to Norskan Offshore Ltda. and DOF Subsea Serviços Brasil Ltda. for 4 x AHTS vessels and ROVs.

The vessels, Skandi Angra, Skandi Paraty, Skandi Urca and Skandi Fluminense, (AHTS 18000 class), currently operating for Petrobras and equipped with DOF Subsea's work class ROVs, have been contracted for 3 years firm + 2 years options with Petrobras.

The gross value of the contracts is approx. USD 260 million and with planned commencement in Q4 2022.

Mons S. Aase, CEO, DOF Subsea said, "I am very pleased for these awards securing utilisation for our personnel and our assets and adding important backlog to the Group. It further strengthens our leading position in Brazil and confirms our long relationship with Petrobras."

DOF Group is dedicated to deliver safe and efficient subsea solutions.
 

NEW CONTRACS IN BRAZIL​

DOF is pleased to announce that Petrobras has awarded service contracts to Norskan Offshore Ltda. and DOF Subsea Serviços Brasil Ltda. for the Skandi Iguazu (AHTS 21 000 class) including ROV. The contracts will commence in 4th quarter 2022 and has a duration of 3 years + 2 years options. Total contract value for the firm period is approximately USD 70 million.

Mons S. Aase, CEO said: "I am very pleased for these awards securing utilisation for our personnel and our assets and adding important backlog to the Group. It further strengthens our leading position in Brazil and confirms our long relationship with Petrobras."
 

DOF Subsea contract extension with Petrobras​


DOF Subsea is proud to announce the extension of the four PIDF Contracts with Petrobras.

These extensions will demand a fleet of at least 3 vessels operating for 18 months, to the end of 2023 and in direct continuation to the original schedule performing flexible pipelines, risers and subsea equipment inspection in Campos Basin, Santos Basin, Marlin Field and Espírito Santos Basin. Inspections will be evaluated and processed by the DOF Subsea Engineering team in Brazil that is responsible for delivering technical reports regarding the conditions of the subsea facilities in Brazil.

Adding more than USD 100 million in backlog, these contract extensions are confirmation of DOF Subsea's safe and excellent delivery of the project, reinforcing our relationship with Petrobras and our capacity to deliver on time and within budget.

Mons S Aase, CEO, DOF Subsea said, "I am very pleased for these awards securing utilisation for our personnel and our assets and adding important back log to the Group. It further strengthens our leading position in Brazil within IMR and confirms our long relationship with Petrobras."
 

Contract awards for CSVs​

Solstad Offshore ASA is pleased to announce the following contract awards for the CSVs “Normand Cutter” and “Normand Sentinel”.

Normand Cutter has been awarded a contract with an undisclosed client in South America for a firm charter period of 460 days with the possibility of further 480 days extension. Commencement of the contract will take place in Q4 2022. Normand Cutter will provide support including ROV services for decommissioning activities in South America.

Subtec S.A has exercised their option to extend the contract for Normand Sentinel with one year firm and the contract is now firm until 31.12.2023 with one year option remaining. Normand Sentinel will continue its operation in the Gulf of Mexico and where she has been on contract with Subtec S.A since 2015.

The contracts have a combined gross value of approximately NOK 540 million.
 
Rem is pleased to announce that we have secured contracts for three of our PSV’s and extended a fourth.

Rem Arctic have been awarded a contract with Serica UK for 1 well + 4 optional wells. If all options are declared the duration of the program is estimated to approx. 220 days.

Rem Fortress have been awarded a contract with Ithaca UK for a well program estimated to last for approx. 700 days.

Rem Supporter have been awarded a contract with Saipem Ltd for the wind farm project Neart Na Gaoite. Contract is 345 days firm + options.

In addition, Equinor have extended Rem Commander until the 29th of September, and have one more option in their favors.

Rem is thankful for the thrust given us, and are looking forward to establishing a good and fruitful relationship with all parties involved
 
«Edda Sun» og «Edda Ferd» til Svalbard:
«Store Norske is taking in vessels from Østensjø Rederi on one of the most ambitious environmental projects in Norway.

Platform supply vessel, Edda Ferd
“When Svea Nord was closed in March 2020, a new camp was established at Kapp Amsterdam with associated functions such as workshop and power station. In August, the airport closes down, so we need vessels to transport to and from Longyearbyen. In addition, today’s camp will be demolished, including places to stay, so the barracks will be moved from land to vessel,” says Jan Morten Ertsaas, CEO of Store Norske.

It is the vessels “Edda Ferd” and “Edda Sun” from Østensjø Rederi that will be used until December 2022.

“This is an exotic job for our offshore vessels that are usually in the North Sea. It is nice that the vessels are used in a project with great environmental benefits and this shows that existing tonnage can be adapted and used across segments and operations,” says Kristian Helland Vea, CEO of Østensjø Rederi.

CEO of Østensjø Rederi, Kristian Helland Vea
“We have extensive experience with this type of work, and we are expanding the capacity of “Edda Sun” and Edda Ferd” to meet the requirements of this project,” says Hilde Svendsen, CCO at Østensjø Rederi.

Back to nature
After almost 100 years of coal production, the mining community in Svea is returned to the wild. Buildings and infrastructure will be removed, including roads, tank facilities, power stations, and an airport. When the area is abandoned, the glaciers and mountainsides should appear as unaffected as possible. And when the last industrial worker leaves the area, it stays in a vessel.

Svea at Svalbard.
Photo: Bjørn Roar Mannsverk/Store Norske
“The workers will go on a 14-day shift, and now we have ensured that they are well taken care of,” says Gudmund Løvli, Project Manager at Store Norske.

The environmental project is a major investment and is financed annually over the central government budget up to 2024. It is an extensive project with demanding framework conditions and high-quality requirements. The closure of Svea airport on 1 August is an important milestone in the project.

“This is a unique project for Østensjø Rederi. We are very pleased to have reached an agreement with Store Norske, and excited to be part of such an ambitious environmental project,” says Vea at Østensjø Rederi.»
ostensjo.no

Østensjø vessels to Svalbard for the clean-up of Svea - Østensjø

Store Norske is taking in vessels from Østensjø Rederi on one of the most ambitious environmental projects in Norway. “When Svea Nord was closed in March 2020, a new camp was established at Kapp Amsterdam with associated functions such as workshop and power station. In August, the airport closes...
ostensjo.no
 

Contract extension for CSV Normand Pacific​

Solstad Offshore ASA is pleased to announce that Prysmian Powerlink Srl (“Prysmian”) has exercised their option to extend present contract for CSV Normand Pacific with one year to December 31st, 2023. Prysmian has the option to extend the contract with further 1 year beyond the firm period.

Normand Pacific has been on charter with Prysmian since 2016.
 
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Contract award – Siem Maragogi​


Siem Offshore do Brasil has signed a new contract for the Oil Spill Response Vessel Siem Maragogi with a duration of 3 years, commencement 4Q22 and in direct continuation of current contract.
 

EIOF - Contract award for Viking Prince​


Eidesvik Offshore ASA (“Eidesvik”) has been awarded a 3-year contract with Aker BP ASA (“Aker BP”) for the PSV Viking Prince. The contract is awarded under the companies’ frame agreement.

The contract for Viking Prince will commence after completion of the vessel’s ongoing contract with Equinor.

Gitte Gard Talmo, President & CEO of Eidesvik commented: “Aker BP is an important client for Eidesvik and our collaboration reaches beyond vessel contracts. Both companies are dedicated to reducing emissions, and we look forward to continuing our good cooperation on greener vessel operations.”
 
Deepocean benytter seg av opsjonene for «Edda Fauna» og «Edda Flora». Har nå fast kontrakt til 1.1.2024.
Fra Østensjø sin Facebook-side:
«Edda Fauna and Edda Flora engaged out 2023!

DeepOcean and Østensjø Rederi further extend the longstanding relationship around subsea vessels Edda Fauna and Edda Flora, extending both contracts and engaging the vessels out 2023.

Østensjø Rederi is very pleased to continue collaborating with DeepOcean and looks forward to delivering safe and sustainable operations to our trusted client.»
 

Long term contract in Australia​


Solstad Offshore ASA is pleased to announce that the PSV Normand Swan has been awarded a term contract in Australia from a major energy company for a period of 2 years firm. Additional options are also available to the client following the firm period.

Commencement of the contract is scheduled during September 2022
 

Reach Subsea ASA: Subsea vessel Deep Cygnus secured for 4+1 years​


Reach Subsea ASA: Subsea vessel Deep Cygnus secured for 4+1 years

Haugesund, 14 July, 2022: Reach Subsea, the trusted data and subsea service
provider for ocean-based industries, has entered into an agreement with Volstad
Maritime for use of the subsea vessel Deep Cygnus for 4 years, with an option to
extend for 1 year.

"We have entered a phase of strong market development for subsea services, and
with Deep Cygnus we are securing capacity for the coming years, during the
transition to more unmanned operations with our Reach Remote concept. Deep
Cygnus is a vessel that fits nicely into our focus markets. The vessel has a
solid track record within the renewables segment, which we intend to use as a
door opener for selling subsea services to the same clients. Volstad Maritime is
a new supplier to us, but we have been very pleased with what we have seen so
far on the vessel and within the organization," said Jostein Alendal, CEO of
Reach Subsea.

"We are very excited to start working with Reach Subsea on the Deep Cygnus next
year. The vessel has proven to be a great platform for both renewables and
subsea work and we are looking forward to investing further in the vessel to
continue delivering the highest quality service with a strong focus on
reliability, safety and low emissions," said Eirik Syversen, Commercial Director
of Volstad Maritime.

The commercial terms of the charter agreement are confidential between the
parties but are structured in a way that enables Reach to offer a high-quality
subsea service to our clients.

The vessel will be installed with launch and recovery systems (LARS) and ROVs
prior to delivery to Reach Subsea. Reduced carbon footprint is a high priority
for Reach Subsea, and battery installation on the vessel is scheduled during the
winter of 2023/2024.

The deal with Volstad Maritime is an important step in the long-term fleet
planning strategy, where our focus is to have a good mix of manned and unmanned
vessel that will serve our customers efficiently.

Reach will mobilise the vessel during February/March 2023 and use the vessel on
own projects within IMR (inspection maintenance and repair) and light
construction within the oil & gas and renewables sectors. This subsea spread is
well suited for our core focus markets and has a good fit with the tenders we
currently have outstanding.
 

EIOF - Contract award for Subsea Viking​


Eidesvik Offshore ASA has been awarded a contract with an undisclosed client for
Subsea Viking. The new contract will commence in Q3 2022 in direct continuation
of the current contract. New firm period will utilize the vessel until the end
of the year.
 
EIOF - Five-year contract award for Subsea Viking

Eidesvik Offshore ASA (“Eidesvik”) has been awarded a five-year contract with Van Oord Offshore Wind B.V. (“Van Oord”) for Subsea Viking. The new contract will commence in Q1 2023. In addition, Van Oord has been granted options for further extensions and on certain terms a call option for the vessel after the firm period. Gitte Gard Talmo, CEO & President of Eidesvik, commented: “We are very pleased with this contract award by Van Oord, a leading international player in the offshore wind market. The contract will expand Eidesvik’s presence in the renewables market, and we look forward to building a strong and long-standing relationship with this important new client.” Arnoud Kuis, Managing Director Offshore Wind at Van Oord commented: “The vessel will be deployed at various Van Oord projects, as a trenching support vessel, and will be the main platform for the Van Oord trencher Dig-It.”
 

Contract extension for PSVs ”Siem Atlas” and ”Siem Giant” in Brazil​

Total E&P do Brazil has declared the first of two options for the PSVs "Siem Atlas" and "Siem Giant". Both vessels are now firm until June 2023.
 

Contract extension for AHTS Siem Opal​

Siem AHTS Pool AS ("SAP"), a subsidiary of Siem Offshore Inc is pleased to announce that Equinor Energy AS in Norway has declared a 3 month option for the AHTS "Siem Opal" from September. The vessel will continue to support the client's various rig move activities during drilling campaigns.
 

Contract extension for PSV Normand Searcher​

Solstad Offshore ASA is pleased to announce that Equinor has declared an option to extend the contract for the PSV Normand Searcher with one more year to September 2023. Equinor has the option to extend the contract with further 4 x 1 years.

Normand Searcher has been on contract with Equinor since 2017 and will continue to support their activities on the Norwegian Continental Shelf.
 

New long-term contract and commercial update​

Golden Energy Offshore Services AS (“GEOS” / the “Company”) is very pleased to inform that it has entered into a new long-term time charter contract for the vessel Energy Empress or Energy Duchess with a first-class reputable Oil & Gas operator for an offshore drilling campaign in the Caribbean. The contract is based on Bimco Supplytime 2017 and has a firm period of 12 months with two options for six months each. The day rate in the firm period is on acceptable market level. Gross value of the contract is approx. MUSD 7.9 with an EBITDA margin of 64% for the Company the first firm year and approx. MUSD 8.2 for second year if the options are utilized. Commencement will be as soon as one of the two vessels come off from its present contractual commitments, which will be at the end of September 2022 –more or less in direct continuation of current employment.
 
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