Offshoretråden - Kontrakter

Viking Avant fortsetter for Statoil gjennom 2018

Statoil har erklært 8 månedlige opsjoner for Viking Avant og fartøyet er på fast kontrakt til ultimo desember 2018. Statoil har en årlig opsjon deretter.

"Vi er veldig fornøyde med den fornyede tilliten fra Statoil" sier CEO Jan Fredrik Meling.
 
DOF Subsea contract awards in the Atlantic region

DOF Subsea has been awarded various contracts in the Atlantic region, securing
utilisation for vessels and personnel in the Subsea/IMR Projects segment:

· A contract for several decommissioning campaigns in the North Sea securing
utilisation for Skandi Neptune into Q3 2018
· Short-term contracts for the provision of vessel and ROV services securing
utilisation for Geosund and Skandi Constructor in Q2 2018, with potential for
extensions
· A four-year global frame agreement for the provision of Survey & Positioning
services on third-party vessels
 
New contract in Brazil

Norskan Offshore and DOF Subsea Brazil have been awarded RSV contracts for the
Skandi Commander and one ROV. The contracts have a duration of 150 days with
start-up in April 2018. Skandi Commander is a RSV vessel (MT 6009) built in 2007
and was reflagged with Brazilian flag in 2017.
 
Announcment of awarded PSV contract Impex Australia

INPEX Australia has awarded SolstadFarstad (SOFF) two contracts for the
provision of vessels, Far Swan (2006, VS 470 MK II Design) and Sea Tortuga
(2014, STX 05-L CD Design).

The contract for Sea Tortuga will commence during April 2018 for a period of 5
months firm, with a further 3 x 1 month options. The Contract for Far Swan
commenced on the 4th April 2018 for 1 month firm, followed by 5 x 1 month
options. Both vessels will operate in Australian waters on the Ichthys LNG
Project.

"We are pleased to announce that we have succeeded in securing contracts with
INPEX Australia, one of our key clients in Australia. The addition of the Sea
Tortuga and Far Swan supplements SolstadFarstad's participation on the Ichthys
LNG Project, with the Far Scorpion and Far Sword already working on long term
contracts for INPEX in Australia" says Kenneth Lande, EVP - Strategic Regions
Segment of SolstadFarstad ASA.
 
Contract awards

DOF (UK) Limited has been awarded an 18-month contract for the Skandi Barra by
Nexen with planned commencement in April. Skandi Barra is a PSV (MT 6000) built
in 2005.

Norskan Offshore Ltda. has been awarded a 1-year contract for the Skandi
Botafogo by Petrobras. Estimated start of contract is early June. Skandi
Botafogo is a AHTS (UT 722L) built in 2006
 
GC Rieber Shipping: Shearwater GeoServices returns to Atlantic Margin for TGS

GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices ("Shearwater") has been awarded a new contract from the multiclient geophysical company TGS.

The project is expected to take approximately three months and is scheduled to be completed by the end of September, 2018.

For the second consecutive year Shearwater has been awarded a contract for a seismic survey on the Atlantic Margin in the Norwegian Sea. The 2018 survey is for 5,135 square kilometer which will be performed by one of Shearwater's high-end 3D vessels. The vessel will utilize FlexiSource and a wide tow spread, for which all Shearwater vessels are designed.

"We are very happy to return to the Atlantic Margin to work with TGS once more, extending the largest 3D seismic survey in Northern Europe. It is especially satisfying to be awarded repeat business from renowned clients. In addition, this award further solidifies our position in the acquisition of large efficient 3D seismic surveys," says Irene Waage Basili, CEO of Shearwater GeoServices.

In 2017 Shearwater acquired 29,500 square kilometers of FlexiSource data for TGS, including 17,700 square kilometers for the TGS Atlantic Margin project. The 2018 season will bring the total area shot by Shearwater for the Atlantic Margin project to 22,835 square kilometers.

Shearwater has over the winter season been awarded several significant contracts. Three of SGS' vessels are currently engaged in survey's in the Indian Ocean for the winter season. The company is well under way building a solid backlog for the 2018 summer and autumn seasons.

"The seismic market remains challenging, but we see an increasing interest for Shearwater's offering and the number of prospects is increasing. We do not expect a near term dramatic change in the market picture, but we remain cautiously optimistic and expect to see more awards coming our way", says Irene Waage Basili.

Shearwater GeoServices is a marine geophysical services company jointly owned by GC Rieber Shipping ASA and RASMUSSENGRUPPEN AS. The company has a fleet of four modern seismic vessels, a broad offering of high quality geophysical services including advanced software, processing and acquisition techniques, and two owners with complementary skills and collectively a long experience in the industry.
 
Havila Shipping ASA: Kontrakter med Total E&P UK for PSV fartøy

Havila Shipping ASA har inngått kontrakt med Total E&P UK for PSV fartøyene Havila Aurora og Havila Borg.

Kontraktene er for en periode på 3 måneder med opsjonsperioder på inntil 30 dager for hvert av fartøyene.

Oppstart er i mai 2018. Havila Borg vil bli tatt ut av opplag for å betjene kontrakten med Total.
 
Havila Shipping ASA: Forlengelse av kontrakt for PSV fartøyet Havila Clipper

Havila Shipping har inngått avtale med Mærsk Olie og Gas - a company of Total om 2 måneders

kontraktsforlengelse for PSV fartøyet Havila Clipper.

Kontrakten holder Havila Clipper i arbeid fram til 1. august 2018.
 
GC Rieber Shipping: Shearwater GeoServices awarded two 3D seismic acquisition contracts for clients in West Africa

GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices ("Shearwater") has been awarded a contract to acquire 3D seismic for Genel Energy in the Sidi Moussa license offshore Morocco. Additionally, Shearwater has been awarded a five months contract for an undisclosed client engaged in West Africa. The market outlook is improving, and the two contracts add significantly to Shearwater's backlog for the 2018 summer and autumn seasons.

Genel Energy, one of the largest independent oil producers listed on the London Stock Exchange, has been active in Morocco for several years and plan to acquire seismic offshore Morocco with the expectation to materially de-risk the prospectively of the Sidi Moussa license.

The survey will include dual, FlexiSource and multi-azimuth shooting, for appraisal and exploration targets. In all the volume of data to be acquired is equivalent to more than 3,500 sqkm. The program is scheduled to start in Q3 2018 and is expected to take 3-4 months.

The proprietary contract with the undisclosed new Shearwater client is for two surveys off West Africa this summer. The surveys will commence early in the second quarter and are expected to take 5 months in total to complete and cover approximately 10,000 sqkm combined. Shearwater will use the Polar Marquis for this contract. One of the surveys will be acquired with FlexiSource, which reduces wide-tow large survey acquisition time by a third compared to conventional dual source seismic acquisition.

Shearwater's fleet has been engaged on acquisition surveys in the Indian Ocean through the winter season, providing good utilization in the two first quarters of 2018. With the recent awards and a gradually improving market, Shearwater is well positioned for growth.

"We are excited to work for Genel in Morocco where our vessels and crews have worked before. When also adding the award from the undisclosed client - and the recent award from TGS in the North Sea - our backlog has increased significantly and we have expanded our client list. We see these awards as another confirmation of the attractiveness of the Shearwater's fleet and our offering. The seismic market shows signs of strengthening, and we expect this to materialise into more awards in the time to come", said Irene Basili, CEO of Shearwater.

Shearwater GeoServices is a marine geophysical services company jointly owned by GC Rieber Shipping ASA and RASMUSSENGRUPPEN AS. The company has a fleet of four modern seismic vessels, a broad offering of high quality geophysical services including advanced software, processing and acquisition techniques, and two owners with complementary skills and collectively a long experience in the industry.
 
GC Rieber Shipping: Shearwater GeoServices awarded North Sea survey for Premier Oil

GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices ("Shearwater") has been awarded a UK North Sea high-resolution 3D project on the Tolmount Field for Premier Oil. The survey is scheduled to start late Q2 2018 and will be executed by the Polar Duchess.

Premier Oil is a leading independent exploration and production company with oil and gas interests in the North Sea, South East Asia, the Falkland Islands and Latin America. The Tolmount Field, located off the coast of Yorkshire, is one of the largest recent discoveries made in the Southern Gas Basin. The survey is expected to take about one month and will provide high-resolution imaging of approximately 400 sqkm of the Tolmount Field.

"This marks the return to the North Sea following last year's active season. I'm especially pleased to see the Polar Duchess working for Premier Oil, conducting Shearwater's first high-resolution appraisal project in the UK North Sea", said Irene Basili, CEO of Shearwater.

Shearwater has recently won several contracts for different oil companies in West Africa and with TGS on the Norwegian Continental Shelf, building a strong backlog for its fleet through the fall of 2018.

Shearwater GeoServices is a marine geophysical services company jointly owned by GC Rieber Shipping ASA and RASMUSSENGRUPPEN AS. The company has a fleet of four modern seismic vessels, a broad offering of high quality geophysical services including advanced software, processing and acquisition techniques, and two owners with complementary skills and collectively a long experience in the industry.
 
DOF Subsea contract award for Geosea

DOF Subsea has been awarded a contract for the vessel Geosea by Fugro. The contract will commence at the beginning of May and will potentially secure utilisation for a period of up to 3 months, if all options are exercised.
 
DOF Subsea contract award for Skandi Chieftain

The North America region has just recently completed a short-term survey project for a local client in Eastern Canada utilising the vessel Skandi Chieftain, and the region has further been awarded a contract securing 120 days of utilisation of Skandi Chieftain for seismic support operations from 20 May.
 
Contract Extension Received for Operations in West Africa

DOF Subsea, a leading provider of integrated subsea services, has received a contract extension for one of our subsea vessels with an oil major for operations in the West Africa region. The duration of the extension is for nine (9) months and will commence in May 2018.
 
DOF Subsea awarded long-term IMR Frame Agreement by Equinor

DOF Subsea has been awarded an Inspection, Maintenance and Repair ("IMR") Frame Agreement by Equinor. The duration of the contract is 5 years and commences in 2019. During the course of the Frame Agreement, Equinor will call off subsea IMR services as required.
 
Contract awards

Norskan Offshore Ltda. has been awarded a 1-year contract for the Skandi Fluminense by Petrobras with estimated start-up in July. The contract includes one ROV. Skandi Fluminense is an AHTS (UT 722L) built in 2007.

DOF has been awarded a contract by Chevron North Sea Limited for the vessel Skandi Kvitsøy. The contract will be for a period of approximately 140 days commencing June 2018 to support drilling operations in the North Sea.
 
Contracts awarded in Brazil

SolstadFarstad has entered into new contract and contract extensions with PETROBRAS - Petróleo Brasileiro S.A. for three of the company's Brazilian flagged vessels.

3 years firm contract for the AHTS, BOS Topazio (2005, UT 728L, 146t BP). Commencement of the contract shall take place during 1Q 2019, in direct continuation with current charter. Contract can be extended for further 2-years.

Extension of contract for AHTS, Far Santana (2000, UT 730, 200t BP), making the contract firm until 2Q 2019. Far Santana is equipped with Fugro's FCV Work Class ROV suitable for 3.000m water depth. Commencement of the contract amendment shall take place during 2Q 2018.

Extension to the Contract for CSV, Far Saga (2001, RSV UT 745L), making the contract firm until 2Q 2020. Far Saga is equipped with two Work Class ROVs from i-Tech 7 suitable for 3.000m water depth. Commencement of the contract amendment shall take place during 2Q 2018.

Vessels will be supporting exploration and production activities on Brazilian continental shelf.
 
Significant contract awards for multiple vessels within the SolstadFarstad fleet.

SolstadFarstad is announcing the award of several new contracts, which adds over 2500 vessel working days to the company's backlog. Details of the contract awards are as follows;

Maersk Oil North Sea Ltd, a company of Total, has awarded SolstadFarstad ASA ("SOFF") contracts for four Platform Supply Vessels (PSV) for operations in the UK North Sea. Sea Tantalus (2013, STX 05-L CD Design) and Far Server (2010, Havyard 832 CD Design) will support the semisubmersible drilling rig "Ocean Valiant" for a period of approx. 2 years, commencing in June 2018. Normand Flipper (2003, UT 745E Design) and Sea Springer (2014, PX 105 Design) will support the "Culzean" hook-up and commissioning for a period of approx. 9 Months, commencing in July 2018.

BP Egypt has contracted PSV Sea Spark (2013, PX 105 Design) for a period of one year. The contract commences early June 2018.

Lastly, Sea Supra (2014, PX 105 Design) and Sea Spear (2014, PX 105 Design) have been awarded contracts for three months plus options to an undisclosed client, commencing mid-2018.

Jon Are Gummedal EVP PSV/AHTS International stated "The awards mark a critical reflection of both an improving market and the strength of the Solstad Farstad fleet. Operating in all major offshore regions and being regarded as the premier provider of offshore vessels will continue to be key focus areas for Solstad Farstad."
 
Forlengelse for Standard Drilling

Til stigende rater.

Øystein Stray Spetalens supplyrederi S.D. Standard Drilling ble i juli i fjor tildelt en periodekontrakt på ett år for det 2007-bygde forsyningsskipet "Standard Viking" av oljeselskapet Peterson UK.

Kontrakten inkluderte to ettårige opsjoner til stigende rater.

Ifølge skipsmeglerhuset Clarksons Platou har den første av de to opsjonene nå blitt utøvd.

Dermed har Spetalen-rederiet sikret arbeid i minst ett år til for "Standard Viking", tidligere "Volstad Viking".

- Standard Drilling fortsetter å oppleve positive tegn i PSV-markedet og ser indikasjoner på høyere tater fremover, noe som er på linje med våre forventninger om et bedre marked. Vi har tilfredsstillende kontraktsdekning, positiv EBITDA på vår underliggende drift, og er i en god posisjon med null gjeld for å utnytte investeringmuligheter som måtte dukke opp, uttalte styreleder Martin Nes i forbindelse med fremleggelsen av tallene for første kvartal.

Rederiet har fem heleide store PSVer, samt en eierandel på 25 prosent i PSV Opportunity III som eier syv mediumstore PSVer.
Selskapet eier også 26,2 prosent av New World Supply som eier seks mediumstore PSVer.

Kilde: Hegnar.no
 
Contract awards in Norway

Aker BP has awarded Solstad Farstad ASA ("SOFF") contracts for the Platform Supply Vessels Normand Skude (2013, VS 485 MK III ) and Normand Arctic (2012, STX LNG 12) to support their operations in Norwegian waters.

The contracts will commence in July 2018 for a firm period of 4 months with further 4 months options.

"We are pleased to have secured more contracts with Aker BP." says Kenneth Lande, EVP - Strategic Regions in Solstad Farstad ASA. "This is another example that the demand for offshore vessels continue to improve".
 
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