ExxonMobil takes Simon Møkster’s supply vessel out of layup
- Business & Finance
Norwegian shipping company Simon Møkster Shipping will take one of its vessels out of layup as a result of a new contract with ExxonMobil offshore Norway.
The shipping company’s offshore supply vessel Stril Mermaid will be taken out of layup for a three-month firm contract, which also includes options, according to Simon Møkster’s statement on Monday.
The 2010-built vessel of a Havyard 832 design will be used as a storage vessel in connection with decommissioning of the Jotun B platform.
The Jotun field is located in the North Sea, 200 km west of Stavanger. Water depth at the site is 126 meters. The field was developed with two installations, a wellhead platform Jotun B and a production vessel Jotun A.
The production from the field was stopped by the end of 2016 with plans to get rid of the field installations. The platform will be taken apart and the FPSO will be reused on another location.
Back in early 2017, ExxonMobil agreed to sell its operated upstream business in Norway to the investment fund HitecVision and its portfolio company Point Resources. The deal included ExxonMobil’s operated interests in the producing Balder(100%), Ringhorne (100%), and Ringhorne Øst (77%) fields; the partially developed Forseti field (100%); the Jotun unit (90%); and adjoining exploration areas that contain a number of undrilled prospects. Also included in the transaction was the Jotun A floating production vessel and ExxonMobil’s Sandnes offices.
Offshore Energy Today Staff