Norwegian PSVs fixed on long-term contracts
The Island Commander will continue its current operation in Norway (Source: Gunder Tande Sandersen)
Norway’s Island Offshore has won long-term contracts for three platform supply vessels (PSVs) – Island Crusader, Island Contender and Island Commander – from Lundin Norway. The first two LNG-fuelled vessels have been hired for 600 days from April and 400 days from August respectively, and the third ship has been fixed for three years from November, all with options.
Island Crusader will be deployed in support of the rig West Bollsta for ten wells; Island Contender will service the rig Rowan Viking drilling seven wells; and Island Commander will continue operating in the drilling activity of the Edvard Grieg programme in continuation of its existing contract.
Tommy Walaunet, managing director of Island Offshore, commented: “We have not seen contracts of equivalent duration for quite some time now, which makes it extra pleasant to sign contracts for three vessels in one go. This provides predictability for all our employees as well as a stable income for these vessels.”
Island Offshore also revealed that it has agreed long-term contracts for two additional PSVs as a result of good long-term relations with an unnamed customer.
