Island Offshore sells Island Patriot offshore vessel
- Business & Finance
Island Offshore, a Norwegian provider of offshore vessels for the oil and gas industry, has sold the M/V Island Patriot offshore vessel to an undisclosed buyer.
In an announcement from Thursday, Island Offshore Group stated that the sale was on satisfactory terms to both parties. The vessel is expected to be delivered to the buyer today.
The company said the 86 meters long DP2 vessel will still be operated by Island Offshore. The Island Patriot is a well stimulation offshore service vessel delivered from Ulstein Yard in April 2005.