Eidesvik: Contract extension and battery solution for Viking Queen PSV
- Business & Finance
Lundin Norway has extended a contract for Eidesvik Offshore’s platform supply vessel (PSV) Viking Queen from 900 to 1.200 days.
The contract was signed in January 2014 and it began in late 2014.
In addition, Eidesvik entered into an agreement for installation of Energy Storage System (Battery solution) onboard the vessel Viking Queen.
According to the company, this will be the first offshore vessel to get such system installed as a retrofit solution.
Eidesvik says that commercialization of this technology is now possible much because of its participation in the R&D project FellowSHIP, where the partners have worked with battery technology for 5 years. The company notes that the solution gives a fuel saving of approx. 18% for the vessel. Furthermore, a reduction of NOx and Greenhouse Gas (CO2e) emission levels of approx. 25% will be achieved.
“We are very happy now to further develop the cooperation with Lundin Norway AS. A company that once again is willing to commit to solutions that are more environmentally friendly.
“In a time where our line of business are facing significant challenges, we are also happy to see that together we are able to find solutions giving cost reductions and profitability to all parties involved, and also significant environmental gains,” says CEO of Eidesvik, Jan Fredrik Meling.