CSV Southern Ocean secures new job with Fugro in Malaysia

  • Business & Finance

Bourbon – Oceanteam’s construction support vessel (CSV) Southern Ocean will support Fugro for a deepwater ROV subsea installation project off the coast of Sabah, Malaysia.

CSV Southern Ocean; Source: Oceanteam

The CSV Southern Ocean has entered into a contract with Fugro and will undertake a program of deepwater ROV subsea installation.

Oceanteam said on Thursday that the mobilization of CSV Southern Ocean will start early in July 2019 in Singapore. The works are expected to be completed sometime in the third quarter of 2019, the company added.

Mathieu Feisthauer, Fleet and Chartering Manager of Oceanteam, said: “Fugro, Oceanteam and the Southern Ocean have a long history together. Oceanteam views the re-chartering of the Southern Ocean by Fugro, as a vote of confidence in the capabilities of the vessel. Oceanteam is confident that the CSV Southern Ocean will manage to service the end-client to full satisfaction.”

It is worth reminding that, back in May, McDermott awarded a charter extension to the CSV Southern Ocean for operations offshore India. As a result, the vessel’s next charterer Fugro canceled the subsequent charter agreement for the vessel as it could not be delivered on the agreed date.

The 2010-built Southern Ocean is a DP2 construction support/flexible product installation vessel used for field support, construction, installation, and IRM.

Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. 

If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.

Related news

List of related news articles