Norway: Lundin Charters Two OSVs from Island Offshore

Island Offshore (IO) has awarded 2 x term contracts with Lundin Norway AS, for the charter of MV Island Crusader and MV Island Contender platform supply vessels.

These two vessels of the UT 776 CD(G), set a new standard in the industry as the first offshore supply vessels in the world capable of pure gas operations, providing the most cost effective and environmentally friendly service available in the industry at present.

The commencement of the contracts is scheduled for May 13, and the vessels will support the SS Island Innovator during its drilling campaign with Lundin in the North and the Barents Sea. The duration of the firm period is estimated to 2,5 years with several optional wells.

“By chartering these vessels Lundin confirms their position as one of the most environmentally friendly operators in the North Sea. We thank charterers for their commitments and wish Lundin success with their upcoming drilling campaign and look forward to the cooperation,” said Island Offshore in a statement.

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Island Offshore, March 5, 2013