Two new vessel deals for Eidesvik Offshore

Eidesvik Offshore, a Norway-based owner of offshore support and construction ships, has been awarded one contract extension and one new contract from Technip and Faroe Petroleum, respectively. 

The contract with Technip is for the company’s offshore construction vessel Viking Neptun and it will start in April in the UK sector.

According to Eidesvik, the Viking Neptun will, after a 2015 campaign, again start working for Technip. The contract, including the transit, has secured commitment beyond 2016 for the vessel.

Eidesvik CEO, Jan Fredrik Meling, said: “We are very pleased with the confidence Technip has showed us by awarding Eidesvik Offshore this important contract who will be more or less in direct continuation with the existing contract with Technip.

“This has been made possible by the excellent performance from our offshore employees, including our partner Reach Subsea, since delivery of the vessel last year. Eidesvik Offshore has again proven that we are a robust organization and that we can adopt to the challenging market conditions we are experiencing today.” 

As a part of the cooperation agreement, Reach Subsea provides ROV and subsea services onboard the Viking Neptun, including the new contract with Technip.

“We are proud to be part of the successful campaigns onboard Viking Neptun in 2015, resulting in renewed confidence and extended contracts from the end client,” says Reach Subsea CEO, Jostein Alendal.

PSV deal

Eidesvik Offshore’s platform supply vessel (PSV) Viking Prince has been awarded a contract with Faroe Petroleum for one well starting mid-May 2016, with one well option for Engie.

The duration of the contract is estimated to 35 days, with one well option estimated to 45 days.