Esvagt wins Hess extension, orders new vessel from Havyard
- Business & Finance
Danish shipowner Esvagt has extended its collaboration with the oil company Hess. As a result, the shipowner has ordered a new multi-purpose vessel with Havyard that will operate on Hess’ South Arne field in the Danish North Sea.
Esvagt and Hess, who have collaborated at the South Arne field for 17 years, have agreed to extend their relationship for an additional twelve years. Esvagt has provided Hess with supply and standby vessels for the South Arne platform, as well as connecting tank vessels to Hess’ production tanks.
The new contract will expand the scope of work to include service, maintenance and inspection of the hose system and to perform service vessel duties in connection with work on Hess’ unmanned platforms. These operations, beginning 2018, will be handled by one purpose designed Esvagt vessel.
As a result of the contract extension with Hess, Esvagt entered into an offshore contract with the ship technology company Havyard Design & Solutions for delivery of design and equipment for the construction of a Havyard 832 multi-purpose vessel.
According to Havyard, the vessel will be built at Cemre shipyard in Turkey and the contract value is in excess of NOK 100 million ($12.2M).
“We have developed a vessel which meets the demands from both shipowner and operator of the vessel,” Vice President Sales of Havyard Design & Solutions, Gisle Vinjevoll Thrane, said.
In addition to design, Havyard will also deliver ship equipment system packages, including Havyard’s own Concept Bridge.
The Esvagt Omega vessel has provided standby services for Hess in the South Arne field until the start of May. These duties have now been taken over by the Esvagt Connector while Esvagt builds the new vessel at Cemre Shipyard.
Havyard 832 MPV is a multi-functional vessel that will become the sixth Havyard vessel contracted by Esvagt.
Havyard said that work on design and ship equipment system packages will start immediately and the vessel is due to be delivered during spring 2018. The new built vessel will enter into charter with Hess in 2018.
Offshore Energy Today Staff