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Island Offshore Management News

28 Dec 2023

Island Offshore Lines Up Long-term Work for Island Condor

(Photo: Kongsberg Maritime)

Norwegian shipowner Island Offshore announced it has secured long-term employment for its offshore support vessel Island Condor, commencing in autumn 2024."This is a fantastic Christmas gift for the company! We have worked purposefully to secure longer assignments and are grateful for the trust the customer has shown us," said Tommy Walaunet, managing director of Island Offshore Management AS.Having worked as a walk-to-work vessel in the British sector for many years, apart from Norwegian projects in the past year…

14 Oct 2022

Equinor Awards $235,6M in Offshore Vessel Deals

Stril Luna
(Photo: Astilleros Gondan / Simon Møkster Shipping)

Equinor, a Norwegian oil company, said on Friday that it had recently awarded six offshore vessel contracts to five shipowners. The total value of the contracts, including options, is estimated to be more than NOK 2.5 billion ($235,6 million). The six platform supply vessels will be managed by Simon Møkster Shipping AS (Stril Luna & Stril Mar vessels), Island Offshore Management AS (Island Crusader vessel), Eidesvik AS (Viking Avant vessel), Remøy Shipping AS (Rem Hrist vessel) and P/F Skansi Offshore (Kongsborg vessel).

01 Nov 2021

Island Offshore PSV Running on Biofuel

(Photo: Island Offshore)

Norwegian offshore vessels owner Island Offshore said one of its ships is the first offshore vessel on the Norwegian shelf running on biofuel.This pilot program, run by Lundin Energy Norway on board Island Offshore's platform supply vessel (PSV) Island Crusader, has led to immediate and significant reductions in CO2 emissions and also proves that biogas can be used on liquefied natural gas (LNG) engines without modifications. The engine manufacturer Bergen Engines has previously…

07 Jun 2021

Island Offshore Takes Delivery of New PSV

Credit: UAVPIC/Island Offshore

Norwegian offshore vessel owner Island Offshore earlier this month took delivery of the platform supply vessel Island Discoverer. The vessel was completed by VARD Langsten this spring.“It is always exciting to take delivery of a new ship, and we are proud and grateful that our fleet is being expanded. We look forward to putting Island Discoverer to work in a market that is showing signs of improvement after many demanding years. I wish the crew the best of luck with the operation and hope that the customers will welcome the vessel…

18 Dec 2020

Great Ships [ of 2020 ]: Island Victory, the Most Powerful (& green) Multi-Purpose OSV Ever

Photos: Island Offshore/Droneinfo

Norway’s Island Offshore broke free from the enforced conservatism of the E&P sector, adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.Simply put, Island Offshore’s new deep water installation Vessel ‘Island Victory’ is the most powerful multi-purpose offshore vessel ever built; a point proven during bollard pull tests conducted by its builder VARD last November with a towing power of 477 tonnes recorded…

18 Aug 2020

Kongsberg Hybrid Power System for Island Offshore PSV Trio

Kongsberg Maritime will convert Island Offshore's 'Island Crusader' to hybrid operation. 
Image by: Gunder Tande Sandersen

Norwegian offshore support vessel owner Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three platform supply vessels.Two vessels Island Crusader and Island Contender, previously operated with a combination of Bergen LNG engines and Bergen Diesel engines, while the Island Commander deploys four diesel engines. Now, they will be equipped with battery packs and shore connections."The conversion of all three into hybrid…

14 Apr 2020

OSV Powers Up for Deepwater Efficiency the Island Offshore Way

Photos: Island Offshore/Droneinfo

While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.Simply put, Island Offshore’s new deep water installation Vessel ‘Island Victory’ is the most powerful multi-purpose offshore vessel ever built…

07 Feb 2020

Offshore Installation Ship Island Victory Delivered

Island Offshore took delivery of Island Victory, a new offshore installation vessel, at VARD Langsten today. Photo: Island Offshore/ Droneinfo

Island Offshore took delivery of Island Victory, a new offshore installation vessel, at VARD Langsten today (Friday, February 7, 2020).Upon delivery the vessel will head straight into operation, spending a couple of weeks in the spot market, before commencing a series of contracts – in the Barents Sea and the Gulf of Mexico – securing work for the vessel potentially throughout October this year.“We experience great interest for this vessel,” said Tommy Walaunet, Managing Director, Island Offshore Management AS. “Having jobs lined up in coming months, confirms this and is highly appreciated.

27 Dec 2017

Kawasaki, Island Offshore Drop Shipbuilding Contract

Kawasaki Heavy Industries (KHI) has decided to terminate, by agreement with Island Navigator In KS, its shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator. The yard state that is has been facing difficulties in its engineering process as well as with increases of material costs since the contract was signed. Combined with a common understanding that the environment surrounding the offshore development industry is, and will be, severe and unpredictable in the period of the Vessel’s remaining construction, and the ongoing financial restructuring of the Island Offshore Group, KHI and Island Offshore reached a mutual agreement to terminate the shipbuilding contract for the Vessel. “The Island Navigator would have been a fantastic vessel.

26 Dec 2017

Shipyard Contract Cancelled

Illustration of UT 777. (Copyright Rolls-Royce Marine AS)

Ongoing uncertainty in the global offshore energy sector has claimed another casualty, as Kawasaki Heavy Industries announced that it has terminated -- in agreement with Island Navigator I KS -- the shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator. A number of factors were cited in the decision to cease the construction, including difficulties in the engineering process and increased material costs since the signing of the contract…

26 Dec 2017

KHI, Island Offshore Terminate Newbuild Contract

Kawasaki Heavy Industries, Ltd. (KHI) announced today that the company has decided to terminate, by agreement with Island Navigator I KS, its shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator. The yard state that is has been facing difficulties in its engineering process as well as with increases of material costs since the contract was signed. Combined with a common understanding that the environment surrounding the offshore development industry is, and will be, severe and unpredictable in the period of the Vessel’s remaining construction, and the ongoing financial restructuring of the Island Offshore Group, KHI and Island Offshore reached a mutual agreement to terminate the shipbuilding contract for the Vessel.

17 Sep 2014

iSURVEY Awarded Two-year Contract with Island Offshore

Island Valiant

iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management, which will see iSURVEY AS provide positioning services to Island Offshore as part of a call off arrangement. Operations have already commenced on the first vessel, Island’s DP2 Light construction vessel, the Island Valiant. Following current well head cutting work in the Danish sector, iSURVEY will be supporting Island Offshore for further subsea work in the North Sea.

01 Jul 2004

Island Offshore Orders PSV

construction of an ULSTEIN P105 platform supply vessel, with an option for a further vessel of the same type. The vessel in order is worth around NOK 200 million. until April 2005. as the contract between Island Offshore IX KS and Ulstein Verft was signed. P105 design series, with the option for a second one. Bakkely and the Ulstein Loen family. Mekaniske Verksted Holding ASA. has operated one vessel. operating the new vessel from Ulstein Verft. exciting and important new partner for the shipyard. "The Island Offshore Group has local roots and has now chosen to invest locally. name.