Sakhalin Energy, Sovcomflot Order Newbuild

MarineLink.com
Monday, April 21, 2014

The companies have signed a number of agreements for construction and long-term operation of the vessels for Sakhalin-2 project.

At an official ceremony in Moscow, Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) and Sovcomflot Shelf (SCF Shelf) on behalf of Sovcomflot Group have signed a contract for the construction and long-term operation of the multifunctional icebreaking supply vessel for Sakhalin-2 offshore platforms. Operations under the contract will continue for 20 years. The vessel will be used as year round personnel carrier and also as supply vessel for offshore platforms in the Sea of Okhotsk. In case of emergency, the vessel will be deployed for personnel evacuation and oil spill response.

The parties have also signed several memorandums of understanding for construction and operation of three additional multifunctional icebreaking standby vessels.

On the occasion of the signing of the contract and memorandums of understanding, Roman Dashkov, Chief Executive Officer of Sakhalin Energy, noted, “It is especially important for us that the company that we signed the documents with, has proven capability of providing safe and reliable operation of Company’s Assets in harsh climatic conditions of Sakhalin shelf. We have been successfully cooperating for many years with Sovcomflot, the corporation that has consistently demonstrated high operational excellence up to the world standards. We will continue to support Russian industry and extend long-term relationship with a reliable and competent partner”.

Sergey Frank, President and CEO of Sovcomflot, said, “We are grateful to our partners, Sakhalin Energy, for the opportunity to expand our involvement in the Sakhalin-II project. This is fully in line with Sovcomflot’s strategic plans, which provide for the expansion of our fleet with state-of-the-art vessels and an increase in the share of technical projects in our business portfolio. The company’s backlog of future contracted revenue totals over $2 billion (USD).

Russian shipbuilders will play an active role in the construction of the new vessels: SCF has already signed a shipbuilding contract with Arctech (a joint venture between OAO United Shipbuilding Corporation and STX Finland) and structural components for the vessels will be produced in Russia at Vyborg Shipyard.

The new vessels will provide fine examples of high-tech solutions in the shipping industry; they will be able to cope successfully with its tasks and will contribute to environmental protection reinforcement of Russia’s Far Eastern seas. In recent years, Sovcomflot has accumulated good experience of operating ice class supply vessels. Today, our company has four vessels of this type, one of which is engaged in operations on the Sakhalin-II project. I am confident that our collaboration with Sakhalin Energy holds excellent prospects for the future.”

Signing of the contract for construction and long-term operation of supply vessel and memorandums of understanding for additional three standby vessels are yet another example of large scale involvement of Russian industry in Sakhalin-2. Russian shipping companies play a significant role in the project implementation. They are also members of the international consortia that transport LNG under long-term charter contracts which enabled Russian shipping companies to enter the LNG transportation market.
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Royal IHC introduces IHC Workhorse

Royal IHC has announced an extension to its innovative range of vessels with the introduction of the IHC Workhorse. This new design for a hybrid anchor handling

‘Row around Singapore Island’ Takes off today

The epic endurance challenge that will see 32 volunteers rowing 140km non-stop around Singapore is starting in less than 24 hours. The project has raised a staggering $450,

Anthem of The Seas Christened in Southampton

Royal Caribbean's newest ship, Anthem of the Seas, was named in Southampton, U.K.,  in a spectacular ceremony.   U.K. travel agent godmother  Emma Wilby named the 4,

Shipbuilding

Royal IHC Launches Sapura Jade

Royal IHC has named and launched the pipelaying vessel Sapura Jade in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands.   The

Siemens Wins Vessel Electrical Installation Contract

Nautilus Minerals Inc. announces that the order for the supply of the entire electrical installation for the production support vessel has been awarded to Siemens International Trading (Shanghai) Ltd.

Delivery Begins for HMS Prince of Wales Bridge

The bridge section of the U.K.’s second Queen Elizabeth Class aircraft carrier has been loaded out of its dock hall in Glasgow ahead of its first sea voyage to Rosyth.

Offshore

Royal IHC introduces IHC Workhorse

Royal IHC has announced an extension to its innovative range of vessels with the introduction of the IHC Workhorse. This new design for a hybrid anchor handling

‘Row around Singapore Island’ Takes off today

The epic endurance challenge that will see 32 volunteers rowing 140km non-stop around Singapore is starting in less than 24 hours. The project has raised a staggering $450,

New CEO for Deep Sea Supply

Deep Sea Supply, a Cyprus headquartered owner of offshore support vessels, has appointed Jon Are Gummedal as new CEO of the company,  says a statement from the company.

LNG

Underway on LNG

On 17 January 1955, Commander Eugene P. Wilkinson, USN, the first Commanding Officer of USS Nautilus (SSN 571) signaled the memorable and historic message “Underway on nuclear power.

ExxonMobil President Seeks Swift Action on US LNG Exports

The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves

Cargo Ferry Project Moves Transport from Road to Sea

A new competitive and eco-friendly maritime transport concept, the Cargo Ferry project, was presented in Oslo today. The result of more than two years of work,

News

Royal IHC introduces IHC Workhorse

Royal IHC has announced an extension to its innovative range of vessels with the introduction of the IHC Workhorse. This new design for a hybrid anchor handling

‘Row around Singapore Island’ Takes off today

The epic endurance challenge that will see 32 volunteers rowing 140km non-stop around Singapore is starting in less than 24 hours. The project has raised a staggering $450,

U.S. Ports Account for 26% of Nation’s Economy

From 2007 to 2014, the total economic value that U.S. coastal ports provide in terms of revenue to businesses, personal income and economic output by exporters and importers rose 43 percent to $4.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair 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: 0.3532 sec (3 req/sec)