Eidesvik Offshore News

Norwegian oil and gas company Aker BP has extended a contract for Eidesvik Offshore’s platform supply vessel (PSV) Viking Prince.The firm period for the PSV has been extended with approximately two months, and will run to end of April 2026. No additional details about the contract were disclosed.Viking Prince is a 2012-built platform supply vessel (PSV), with a deck area of around 1 050 m2.The 89.6 meters-long, liquified natural gas (LNG)-fueled vessel was upgraded to battery hybrid system and a shore power system in January 2022.

Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO subsidiary, and Wellesley Petroleum covering a campaign with the Deepsea Yantai drilling rig.Estimated at 300-365 days, the work relates to plugging and abandonment of one well and drilling of four consecutive wells and is scheduled to start in January 2026.Built in 2013, Viking Princess in 89,6 meters long, with a beam of 21 meters.

The delivery of the next-generation construction support vessel (CSV), under construction at Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas, has been delayed for later in 2026.The delivery of the CSV, which will feature a battery hybrid system and be capable of operating on methanol, has been rescheduled from early 2026 to the third quarter of the same year.The vessel, named Viking Vigor, will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the majority owner with 50.1%.The newbuild will be equipped to perform inspection, maintenance and repair (

Eidesvik Seven Chartering, a joint venture company between Subsea7 and Eidesvik Offshore, has entered into an agreement with Subsea7 to extend the contract for the subsea vessel Seven Viking.Subsea7 declared the remaining option for 2026 and 2027 was added as a firm year in addition to an option for 2028.The 2027 and 2028 rates are based on current market terms. “We are very pleased to see this new contract for Seven Viking and look forward to continuing our long and strong collaboration with Subsea7…

Eidesvik Offshore, Agalas, and Reach Subsea have partnered up to build a new construction support vessel (CSV) for subsea and offshore renewables operations.The new CSV will have similar specifications as the vessel Eidesvik currently has under construction together with Agalas at the Sefine Shipyard in Turkey.The vessel will also be built at the Sefine Shipyard, with delivery scheduled for spring 2027.It will be specifically equipped to perform inspection, maintenance, and repair (IMR) work.Upon delivery…

The chief executive officer of Norwegian offshore vessel owner Eidesvik Offshore, Gitte Gard Talmo has resigned from his role to take up a new position in an international company abroad.Gitte Gard Talmo has been with the company for 22 years and has been CEO of Eidesvik Offshore since January 1, 2022.According to Eidsevik Offshore, Gitte Gard Talmo will continue in her position as CEO for the time being, while the board of the company will initiate a search for her replacement…

Eidesvik Offshore will refit its platform supply vessel (PSV) Viking Energy with an ammonia dual fuel engine, targeting 2026 as the year that the vessel will operate on ammonia for Equinor, effectively cutting GHG emissions by 70% or more.Viking Energy will switch to ammonia operations, in a move that should make it the world’s first in-service vessel to adopt the fuel as a primary energy source."This conversion is made possible by the support and investment from Equinor. We are very pleased to partner up with a client that share our ambitious climate targets…

Equinor has declared options to extend the contract with Eidesvik Offshore, a Norwegian offshore vessel owner, for its supply platform supply vessel (PSV) Viking Energy.The contract extension runs from April 2025, extending the firm period to April 2030. The contract also includes options for further extensions.“Viking Energy has been in continuous operation for Equinor since its launch in 2003. This contract extension highlights the operational excellence consistently delivered…

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.

Oil and gas company Wintershall Dea has declared options to extend the contract for Eidesvik Offshore's supply vessel Viking Princess. The contract extension runs from January 2024 in direct continuation of the current contract, extending the firm period to January 2025.“This extension is a quality mark for the operations and services delivered, and we look forward to continuing our cooperation with Wintershall Dea”, says Gitte Gard Talmo, CEO and president of Eidesvik Offshore ASA.According to Eidesvik Offshore…

Eidesvik Offshore has entered into agreements to sell its three remaining seismic vessels, Veritas Viking, Vantage, and Viking Vision, to two separate buyers. All the vessels are in lay-up and treated as held for sale in the company accounts. Eidesvik Offshore did not say who the buyers were.The company will, at completion of the sales, expected during this summer, recognize a total gain of approximately NOK 63 million (currently around $5,6 million).Gitte Gard Talmo, President & CEO of Eidesvik commented: "We are pleased to announce the sale of these non-strategic assets with a solid gain. The sale will further improve an already strong balance sheet.”

After securing a contract for its Viking Princess supply ship with Wintershall DEA on Thursday, Eidesvik Offshore said Friday it had won a deal for the Viking Queen vessel with the same oil company.The contract for the 2008-built Viking Queen is for 12 months, with options for further extensions. The new contract will start in Q2, 2023.According to the Norwegian vessel owner, the 92.3-meter-long Viking Queen is a dual-fuel platform supply vessel also equipped with a battery hybrid system and a shore power system. “We are very pleased to secure this contract for Viking Queen and appreciate Wintershall Dea’s willingness to commit to solutions that are moreenvironmentally friendly.

Oil and gas company Wintershall Dea has declared an option to extend the contract for the supply vessel Viking Princess.The 89,6 meters long vessel, owned by Eidesvik Offshore, will start work under the extension from July 2023 in direct continuation of the current contract. With the latest charter extension, the Viking Princess will stay with Wintershall Dea, until January 2024. Financial details of the extension were not disclosed.According to Eidesvik Offshore, the Viking Princess was the world’s first offshore vessel with a battery hybrid solution replacing a traditional generator set.

Norwegian offshore support vessel operator Eidesvik Offshore posted what it said was the second consecutive quarter with a revenue level not seen since 2016.The company's revenue was NOK 190.4 million, an increase of 9% compared to Q3 2021. EBITDA increased by 12% to NOK 91 million vs NOK 81.5 million. The company’s operating result was NOK 262.9 million, up from NOK 1 million in Q3 2021."During the period, Eidesvik increased its backlog substantially through the signing of multiple long-term contract awards with an estimated value of NOK 690 million.

Norwegian offshore vessel owner Eidesvik Offshore will manage the construction support vessel Viking Neptun it recently agreed to sell to DEME.The company has now signed a two-year ship management agreement with DEME under which Eidesvik will provide full technical management, crewing and operation of the vessel.Viking Neptun was built for Eidesvik in 2015.In January 2022, Eidesvik entered into a Memorandum of Agreement (“MoA”) with DEME to sell the vessel. The MoA is expected to complete in the fourth quarter of 2022…

Dutch marine services firm Van Oord has, via its offshore wind subsidiary Van Oord Offshore Wind,  awarded Eidesvik Offshore a five-year contract for its Subsea Viking multi-purpose support vessel.The contract, of an undisclosed value, will start in the first quarter of 2023, Norway-based offshore vessel owner Eidesvik Offshore said. Van Oord will also have further extension options and, "on certain" terms, a call option for the vessel after the firm period. The contract comes…

Norwegian offshore vessel owners Solstad Offshore, Siem Offshore, and Standard Supply have all secured offshore vessel contracts in the past few days.Solstad Offshore on Monday said it had secured a contract for the platform supply vessel Normand Swan in Australia. Solstad Offshore said the contract was for two years and with "a major energy company."The client will have additional extension options. The contract will start in September 2022. No financial details were shared.The Normand Swan is an 89-meter-long vessel built to Ulstein's PX 105 design back in 2014.

Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor. Financial details were not disclosed. The Viking Prince was built in 2012 and has a deck area of around 1 050 m². Gitte Gard Talmo, President & CEO of Eidesvik commented: “Aker BP is an important client for Eidesvik and our collaboration reaches beyond vessel contracts.

Norwegian offshore vessel owner Eidesvik Offshore has named Helga Cotgrove as Chief Financial Officer (CFO). Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A, strategy, tax, finance, accounting, and auditing. She comes from the position as CFO in Norsk Solar AS. Cotgrove previously worked as Halliburton's director of corporate development in Houston, where she was in charge…

Norway-based offshore support vessel operator Eidesvik Offshore has appointed Arve Nilsen as its new Chief Operating Officer (COO) and Ellen Sofie Ottesen as its new Chief Technology Officer (CTO).Nilsen comes from the position of Technical Manager in Eidesvik with responsibility for technology, purchasing, and IT. He has more than 30 years of industry and technology experience and has been with the Company for 13 years.Ottesen comes from the position of Director of Sustainability in Eidesvik.

Norwegian offshore vessel operator Eidesvik Offshore said Wednesday it has been awarded a contract for its 2012-built platform supply vessel (PSV) Viking Prince.The deal with Norwegian energy company Equinor is for a firm six-month period, plus options for further extensions. The contract will commence in April or May of this year.The liquified natural gas (LNG)-fueled Viking Prince was upgraded to battery hybrid system and a shore power system in January 2022.Gitte Gard Talmo, president and CEO of Eidesvik, said, “Equinor and Eidesvik have had a close collaboration for a number of years.

Norwegian offshore vessel operator Eidesvik Offshore said Friday it had won a contract for its Veritas Viking seismic vessel.The deal, with an undisclosed client, is for a bareboat charter for 100 days with options for extensions. The 93,4 meters long vessel was built in 1998."The vessel will be mobilized from its current location at Bømlo and is scheduled to commence the bareboat contract ultimo April 2022," Eidesvik Offshore said.