Thai Owners Charter Out DSV 'Mermaid Endurer' for N. Sea Work
Mermaid Maritime's subsidiary Subtech Ltd. has been awarded a subsea services contract with Bibby Offshore Limited for services in the North Sea. This contract will utilize the DP2 Dive Support Vessel ‘Mermaid Endurer’ for inspection, repair and maintenance services & light construction intervention. The contract is scheduled to commence in the second calendar quarter of 2014 for a term ending in the fourth calendar quarter of 2014, with options for extension subject to mutual agreement.
Bibby Offshore Invests Millions
Aberdeen-based subsea installation contractor Bibby Offshore has announced investment of around £11million in Remotely Operated Vehicle (ROV) systems for its latest division, Bibby Remote Intervention Limited (BRIL). Initial investment of close to £4million has been made in ROV systems for Bibby Offshore’s fleet of Diving Support Vessels (DSVs) to bring the service provision in-house, while 46 jobs have been created on and offshore within the division already this year. BRIL has installed Sub Atlantic Comanche ROVs on all three of Bibby Offshore’s North Sea fleet of DSVs…
Bibby Offshore Acquires Dive Support Vessel
Bibby Offshore Limited, the Aberdeen-based provider of subsea construction and offshore management services, announced that it has acquired the dive support vessel (DSV), Bibby Sapphire, from the vessel’s present owner, Volstad Subsea AS. A $52.5m loan facility has been provided by Standard Chartered Bank to fully fund the acquisition. Standard Chartered Bank will act as sole lender in the transaction. Bibby Sapphire has been on time charter from Volstad to Bibby Offshore for the last five years.
Bibby Charters Offshore Support Vessel
Bibby Offshore Limited has entered into a long- term agreement to charter a new building 94 metre DSV/Construction Support vessel, built in Norway’s Aker Langsten Shipyard. The state of the art vessel, to be named Bibby Sapphire, is owned by Volstad Maritime AS. She will be available to the North Sea construction market from early August 2005, and her future deployment is currently being discussed with interested parties. Following the addition of a full 15 man Saturation Diving system, the vessel will also be available for diving work from the start of 2006. The DSV will be the first vessel of its kind to enter the North Sea region for some years and shows the commitment of this dynamic new player demonstrates Bibby Offshore’s commitment to this market.
