Csv News

Eidesvik Offshore, together with Norwegian shipowner Agalas, has entered into an agreement to build a new construction support vessel (CSV), which is on charter with Reach Subsea.The newbuild will be equipped to perform inspection, maintenance and repair (IMR) work for subsea and offshore wind markets.Equipped with methanol engines and a battery hybrid system, the vessel will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the majority owner with 50.1%.The…

Eidesvik Offshore, a Norwegian offshore vessel owner, has signed a ship management contract extension with DEME for construction support vessel (CSV) Viking Neptun.The three-year extension also includes a two-year option for further extension, according to Eidesvik Offshore.The company has provided full technical management, crewing and operation of Viking Neptun since December 2022.In November the same year, Eidesvik Offshore completed the sale of Viking Neptun CSV to DEME.“This extension is a testament to the exceptional performance of our dedicated crews.

Norwegian offshore vessel owner Solstad Offshore has secured $70 million in new contracts and extensions for two of its subsea construction vessels (CSV) that will be employed offshore Brazil.The new contract is for the CSV Normand Fortress with Brazilian state-run oil company Petrobras.The contract has a duration of two years firm with possibility of two years extension. The vessel will provide accommodation services to support production activities on Brazilian continental shelf.The contract is set to start in the second quarter of 2024…

Offshore vessel operator DOF Group has secured three subsea service contracts, valued over $36 million, from Australian-based operators.The contracts will employ construction support vessel (CSV) Skandi Hercules, adding approximately six months of utilization in 2024 and into the first quarter 2025.The contracted scope includes the team’s inhouse capability to deliver project management and engineering, logistics support and execution of various remediation activities, pre-commissioning and commissioning support, and field decommissioning operations.Mons Aase, DOF Group’s CEO, said: “These awa

Solstad Offshore has exercised its option to purchase the construction support vessel (CSV) Normand Tonjer.The vessel was bought from the Norwegian Mpsv for the net amount of $4 million.In 2021, Normand Tonjer was sold to Mpsv for a gross amount of $10 million and leased back on a bare boat agreement for a firm three-year period with options for two one-year extensions.At the end of year two, Solstad had an option to buy the vessel back for which was concluded on December 20,…

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. The first contract for DOF covers engineering, procurement, removal and disposal (EPRD) for a North Sea operator, including the project management, engineering, logistics and execution of an FPSO cessation project. According to DOF, it will disconnect, transport and pre-moor the floating unit, and retrieve and recycle the mooring system.

The Norwegian offshore vessel owner Solstad Offshore has secured contract extensions for three of its offshore vessels.Equinor has declared the last contractual yearly option for the AHTS “Normand Ferking”. With the declaration of this option, “Normand Ferking” is now firm until November 2024. The vessel is currently in the port of Slovag, Norway.Subsea 7 has exercised the 2024 Optional Charter Period for the CSV “Normand Subsea”. The contract is now firm until December 31, 2024. Subsea 7 has the option to extend the contract for another year.

Norwegian offshore vessel owner Solstad Offshore has secured new contracts for two of its subsea vessels (CSV). CSV “Normand Baltic” has been awarded a 180-day contract for providing “Walk to Work” services on an unnamed offshore wind project in Asia. The contract will start in October 2023.CSV “Normand Samson” has been hired for a period of a minimum of 260 days to support a field development project in South America with start in in the first quarter 2024. "Commercial terms between the parties are in line with present market conditions for this type of vessels.

Norway-based DOF Group on Monday announced it has been awarded a contract for one of its vessels offshore West Africa.The deal will see DOF's construction support vessel (CSV) Skandi Acergy support operations to install subsea umbilicals, risers and flowlines (SURF) for an unnamed "tier 1 contractor and operator" in West Africa, DOF said. The 156.9-meter-long vessel was built in 2008.DOF labeled the contract as "significant", worth between $80 million and $100 million. The deal includes 326 days firm utilization, and 75 optional days, commencing in the fourth quarter of 2023.In addition to the vessel utilization, DOF Subsea Atlantic will offer project management…

Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business.Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for transporting essential supplies and equipment to offshore oil and gas platforms and drilling rigs, successfully delivered to Tidewater…

Norwegian offshore vessel operator Solstad Offshore said Friday it had has received a Letter of Intent from an undisclosed subsea contractor for hire of the construction support vessel (CSV) Normand Maximus.The subsea contractor would hire the CSV for a period of a minimum of 490 days with the start-up in the first quarter of 2024.The commercial terms are confidential between the parties but are in line with present market terms for this vessel category, Solstad Offshore said.The subsea construction vessel Normand Maximus is the largest vessel in the Solstad fleet…

Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater. Solstad will offer management services to Tidewater in a transition period to facilitate a smooth transfer for the parties and the customers.The offshore employees associated with the PSV Fleet will be offered employment with Tidewater.

Norwegian offshore vessel operator Solstad Offshore  said Friday it had  secured letters of awards from multiple unnamed subsea contractorsfor the hire of the construction support vessel Normand Maximus for the execution of projects during 2023.The projects have a combined duration of at least 200 days, plus additional option periods.

The Norwegian offshore vessel company Solstad Offshore has agreed to sell its 2013-built construction support vessel Normand Jarl.Sold through Solstad's subsidiary Normand Ships, the CSV will be delivered to an unnamed buyer outside of the offshore industry. The delivery of the vessel to the new owner is expected to take place during the first quarter of 2023. "Solstad Offshore will recognize a gain on the sale of approximately MNOK 420 [~$43 million currently] to be reflected in the Q1 2023 accounts." Solstad Offshore said.According to Normand Jarl's AIS info as found on MarineTraffic.com…

Offshore vessel operator DOF Group is pleased to announce multiple new contracts in the Atlantic region and the long-term charter of the construction support vessel Havila Phoenix.In the Atlantic region, DOF said it had secured an Integrated Field Support Vessel (FSV) contract with an international operator in West-Africa. The contract is for 365 days firm, with 365 days of options. DOF said it would deliver project management, engineering, procurement and logistics within deep-water construction and maintenance of existing subsea infrastructure. The company will use the Skandi Seven vessel for the project.Also in the Atlantic region, the company said it had secured multiple FEED studies towards prospective floating wind developments in the Atlantic region.

Norwegian offshore vessel company Solstad Offshore has won contracts for three of its subsea construction vessels (CSV).Normand Vision has been awarded a new contract with Havfram AS for a period of 3 years firm plus an option for an extra 2 years. The contract will start in January 2024, in direct continuation of present agreement with Havfram.Normand Ocean has been awarded an extension and a new contract with DeepOcean AS for a total period of 2 years firm from January 2024.

Norwegian offshore vessel owner Solstad Offshore announced it has entered into a new contract for the construction support vessels (CSV) Normand Mermaid.The new contract is in direct continuation of an existing one with Solstad Offshore's present client, keeping the 90.1-meter vessel fully utilized to the second quarter of 2025, with one optional year thereafter.The 2002-built Normand Mermaid will continue be utilized for geotechnical operations within the renewable energy and oil and gas sectors, Solstad said.

Norwegian offshore vessel owner Solstad Offshore has secured four new contracts for its subsea construction vessels (CSV). The contracts have a combined firm vessel utilization of 410 days, with additional subsequent options, on projects in North Europe, West Africa, and Asia.The contracts have a combined value of approximately NOK 260 million (~around 26,5 million), including addition services, such as ROVs, “Walk to Work”-systems, and project support.

Shane Guidry transformed Harvey Gulf from an inland and offshore towing vessel operator to a provider of offshore vessel services in the Gulf of Mexico and international oil and gas markets. Innovation initiatives he has spearheaded include, among others, leading the company to become the United States’ first owner and operator of liquefied natural gas (LNG)-powered offshore support vessels, as well positioning the firm as the first LNG bunkering facility operator in the U.S.

Norwegian offshore installation services firm Havfram has extended the contract for Solstad Offshore's construction support vessel Normand Vision.Skudeneshavn, Norway-based Solstad Offshore said Friday that Havfram, formerly known as Ocean Installer, had exercised its final extension for the CSV Normand Vision. The firm contract will now expire on December 31, 2023.Normand Vision is a construction vessel designed and built for the installation of subsea structures, umbilicals…

Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026. Global Marine Group will have additional extension options upon the expiration of the firm contract.Global Marine Group will continue to utilize the vessel to support its worldwide cable lay operations."The commercial terms and conditions are confidential between the parties…

Norwegian offshore support vessel owner Solstad Offshore ASA has found work for three construction support vessels, apparently all in the renewables space.Normand Australis has secured a 150-day contract for “Walk to Work” services on an offshore wind project in Asia, starting in March 2022.Normand Cutter has won a 110-day charter for a cable project in Northern Europe with the start-up this month.Also, Normand Fortress has won a 180-day firm contract for “Walk to Work” services on an offshore wind project in Northern Europe. The contract will start in April 2023.

Norwegian offshore vessel operator Solstad Offshore has said Wednesday it had secured a contract for its Normand Maximus construction support vessel.The contract is with an unnamed "major energy company." The contract starts immediately, and the vessel will be busy under it for the main part of the first quarter of 2022.The Normand Maximus vessel was built in 2016 by Vard in Romania and Norway.Solstad Offshore, Saipem Settle Vessel Contract Termination Fee Dispute