Island Offshore Wins Premier Oil Service Contract

MarineLink.com
Thursday, August 29, 2013

Island Offshore, a global Light Well Intervention (LWI) specialist, has been selected by Premier Oil U.K. Ltd. to undertake a new LWI service contract on the U.K. Continental Shelf. The win strengthens Island Offshore’s established position in the dynamic and competitive North Sea marketplace.

Premier, an oil and gas exploration and production company, awarded the business to Island Offshore and the North Sea RLWI Alliance, the operator of three monohull vessels specially designed for well intervention tasks.

A key factor in the decision-making process was said to be Island Offshore’s extensive segment expertise, having successfully performed approximately 250 well interventions since 2005.

Commenting on the new business win, Robert Friedberg, Managing Director of Island Offshore Subsea, said, “Premier Oil is a new client for us and, with its proven track record and ambitious growth plans, an exciting name for us to partner with for the future. This is yet another important UKCS contract win for the company, consolidating our standing as a preferred supplier within both the sector and the wider industry.”

The agreement covers activity such as wireline services (a core Island Offshore competence), with work to be carried out by Island Constructor, a 120m-long, 8,200-ton, state-of-the-art Ulstein built X-Bow vessel.

Friedberg adds that the Island Constructor is indicative of the firm’s specialism and long operational experience in the area, noting: “It’s a cutting edge vessel custom-made to deliver excellent results, and value, for our clients in the most demanding natural environments – such as those experienced on the UKCS.”

He concluded, “This is the third contract on the UKCS that the Island Constructor has won this year, demonstrating the tangible benefits of our investment in building a modern fleet of high-specification service vessels.”

The win follows on the back of Island Offshore’s acquisition of a number of North Sea well intervention services contracts earlier this year.

iosubsea.no

islandoffshore.com
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

OOCL Tops the Chart in Reliability

According to the latest Carrier Performance Insight, produced by Drewry Supply Chain Advisors,  the most reliable carrier in May was Orient Overseas Container Line (OOCL),

Senate Confirms Three to Serve on Federal Maritime Commission

The U.S. Senate has confirmed the nominations of three individuals to serve as Federal Maritime Commissioners: Rebecca F. Dye, Michael A. Khouri and Daniel B. Maffei.

Xeneta: No Silver Lining for Container Shipping in Brexit Storm

Xeneta, a  global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will

Contracts

Diana Shipping Contract for m/v Oceanis With Nidera

Diana Shipping Inc.  has announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Nidera S.P.A., Roma, for one of its Panamax dry bulk vessels,

Norsafe Secures Contract with VARD Group

Norsafe informs it has signed a new contract with VARD Group, and will supply lifeboats complete with davit systems to a series of 15 new vessels.    Topaz Energy

IOMAXIS Awarded $245 Mln Contract to Support NRL

Contract will allow IOMAXIS to provide research, development and technical support to initiatives at the Naval Research Lab   IOMAXIS, provider of technologies

Offshore

Norsafe Secures Contract with VARD Group

Norsafe informs it has signed a new contract with VARD Group, and will supply lifeboats complete with davit systems to a series of 15 new vessels.    Topaz Energy

India’s Potential in Offshore Wind Power

The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India.

Lloyd's Register Extends Drilling Rig Integrity Support

Exploration begins by BHP Billiton using the Deepwater Invictus rig and supported by Lloyd’s Register’s rig integrity team. Lloyd’s Register (LR) announced it

Energy

Construction Begins on Johan Sverdrup Riser platform

The riser platform construction start was marked today at the Samsung Heavy Industries yard in South Korea. Project director for Johan Sverdrup Kjetel Digre (from right),

NAT Takes Delivery of Suezmax, Earnings Capacity Up

Nordic American Tankers Limited ("NAT" or "the Company") announced that it today took delivery of a Suezmax vessel, the Nordic Sirius, built at a shipyard in Japan.

Boon, Non-executive Director of ST Engineering Resigns

Singapore Technologies Engineering Ltd (ST Engineering) today announced the resignation of Mr Quek Tong Boon as non-executive Director with effect from 1 July 2016.

Offshore Energy

Construction Begins on Johan Sverdrup Riser platform

The riser platform construction start was marked today at the Samsung Heavy Industries yard in South Korea. Project director for Johan Sverdrup Kjetel Digre (from right),

Boon, Non-executive Director of ST Engineering Resigns

Singapore Technologies Engineering Ltd (ST Engineering) today announced the resignation of Mr Quek Tong Boon as non-executive Director with effect from 1 July 2016.

Offshore Oil Oscillations In West Africa

Global excess oil supply still looks likely to average 0.5m bpd in 2016 – sufficient, it would seem, to stop oil prices rising much above $50/bbl and therefore

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1218 sec (8 req/sec)