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Tuesday, January 23, 2018

Island Offshore News

Kawasaki, Island Offshore Drop Shipbuilding Contract

Photo: Island Offshore Management

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…

KHI, Island Offshore Terminate Newbuild Contract

Image Credit: Rolls Royce Marine

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…

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…

Island Offshore Extends Contract with BP

Photo: Island Offshore

Island Offshore has been awarded a major contract extension with BP Exploration Operating Company Ltd. The two-year contract extension, covering 2014 and 2015, has been awarded to Island Offshore and the North Sea RLWI Alliance, which operates three monohull vessels specially designed for well intervention tasks. Island Offshore’s Island Constructor - a 120m long, 8,200 ton, Ulstein built X-Bow vessel – will perform the scope of work for the client. The value of the new contract is approximately $86.5 million (USD) and includes options for $129.8 million (USD).

Aker Yards to Build PSV for Island Offshore

Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel. This is the 17th contract between the shipowner, Island Offshore in Ulsteinvik and Aker Yards. The hull for the platform supply vessel will be built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for September 2007.

Island Offshore Wins Premier Oil Service Contract

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.

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.  

Aker Yards to Build PSV for Island Offshore

Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel. The value of the contract is approximately NOK 150 million. This is the 18th contract between the shipowner, Island Offshore in Ulsteinvik and Aker Yards. The hull for the platform supply vessel will be built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for primo November 2007.

Aker Yards to build PSV for Island Offshore

Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel. The value of the contract is approximately NOK 150 million. This is the 18th contract between the shipowner, Island Offshore in Ulsteinvik and Aker Yards. The hull for the platform supply vessel will be built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for primo November 2007.

Aker Yards Wins PSV Contract

Aker Yards has signed a contract with Island Offshore VI K/S, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 776 E platform supply vessel. The value of the contract is NOK 235 million. This is the 16th contract between the shipowner, Island Offshore Group in Ulsteinvik and Aker Yards. The hull for the PSV will be built in Romania. Delivery of the vessel is scheduled for March 2007.

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.

Rolls-Royce Secures Island Offshore Contract

VARD shipyard in Brevik

Rolls-Royce has won a $11.3 million order to provide design, integrated power and propulsion systems and equipment for an offshore service vessel for Norwegian ship owner Island Offshore. The offshore service vessel will be built at VARD shipyard in Brevik, Norway and is due for delivery in January 2016. In March this year Island Offshore placed an order for two Rolls-Royce designed vessels, due for delivery in 2015 from the same shipyard. The latest Rolls-Royce designed offshore support vessel will encompass an integrated power and propulsion system incorporating main engines…

Island Offshore Orders Rolls-Royce-Designed PSV

Photo courtesy Rolls-Royce

Rolls-Royce has a won a contract to design and equip a new offshore support vessel (OSV) for Island Offshore, to be built by shipbuilding group Vard. The platform support vessel (PSV) is a Rolls-Royce design of type UT 776 CD, the second of this type ordered by Island Offshore this year. The UT 776 CD is an Offshore Service Vessel for worldwide service, with tanks for all types of liquid cargo, 1,000m2 cargo deck and accommodation for over 40 people in single cabins. In addition to the vessel design…

Aker Yards to Build Supply Vessel for Island Offshore

Aker Yards has signed a contract with Island Offshore in Ulsteinvik, Norway to deliver one UT 776 CD Platform supply vessel. The total value of the contract is approximately $48.9m. This is the 23rd contract between the ship owner Island Offshore and Aker Yards. The hull for the vessel will be built in Romania and outfitted at Aker Yards, Brevik. Delivery of the vessel is scheduled for July 2009.

Aker Yards to Build PSV

Aker Yards, via its wholly owned subsidiary, Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755LN platform supply vessel. The value of the contract is approximately NOK 130 million. This is the fourteenth contract between the shipowner, Island Offshore Group in Ulsteinvik and Aker Yards and the third for delivery in 2005 between Aker Brevik AS and the Island Offshore Group. The hull for the PSV will be built at Vyborg Shipyard in Russia, and will arrive in Brevik in August this year. Delivery of the vessel is scheduled for medio December 2005. The platform supply vessel for Island Offshore is designated newbuilding number 41 at Brevik Construction AS.

Rolls-Royce's First Gas Powered PSV Delivered

Rolls-Royce announce that Island Offshore has taken delivery of Island Crusader, the first gas powered Rolls-Royce offshore vessel. This new and advanced UT 776 CDG platform supply vessel, is the first of two ordered by Island Offshore. This is the first offshore vessel to feature lean burn gas engines as main engines. As a result Nitrogen Oxide (NOx) emissions will be reduced by about 90 percent while Sulphur Oxide (SOx) emissions and particulates will be negligible. CO2 emissions will also be significantly reduced. The vessel is also equipped with two diesel engines for periods when it needs to operate away from gas supply. Island Crusader will operate in the North Sea undertaking transport, supply and service duties between onshore supply bases and offshore drilling sites.

STX Europe New Contracts, Island Offshore

Island Commander (Photo courtesy STX Europe)

STX Europe has entered into new contracts with Island Offshore for the building of two Platform Supply Vessels. The vessels will be built at STX Europe in Brevik, and are based on the same design as Island Commander and Island Chieftain delivered from STX Europe earlier this year. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total value of the contracts amounts to approximately $137.5m. The vessels are of Rolls-Royce UT 776 CD design, and will be number five and six in this series delivered from STX Europe to Island Offshore.

Aker Yards Signs $100M Contract

Aker Yards has signed a contract worth approximately NOK 650 million to build a Well Intervention Vessel for Island Offshore. The vessel will be delivered in January 2008. Main duties for the new vessel of Rolls Royce design, will be maintenance and repair of oil-/gaswells in deeps of as far as 600 meters, and operate with a riserless wireline intervention system. The vessel will operate an ROV, (remote operated vehicle), for operations on the sea bed. The sub sea related equipment will be provided by FMC and Aker Kvaerner Wellservice. Island Offshore has been assigned a contract by Statoil for well intervention services on the Norwegian continental shelf.

Vard to Build OSV for Island Offshore

Image courtesy of Vard

Vard Holdings Limited, a global designer and shipbuilder of offshore and specialized vessels, has secured a contract with Island Offshore for the construction of one Rolls-Royce designed offshore support vessel (OSV). Vard reports the value of the contract exceeds NOK 1 billion. Delivery is scheduled from Vard Brevik in Norway in 2Q 2016. The hull of the vessel will be delivered from Vard Tulcea in Romania. VARD has already delivered more than 30 vessels to Island Offshore, in addition to five vessels currently under construction.

M/V Island Duchess Delivered to Island Offshore

M/V Island Duchess

Island Offshore took delivery of M/V Island Duchess from the Vard Brevik yard in Norway. This is the second vessel in a series of four platform supply vessels of Rolls-Royce UT 717 CD design to be delivered from Vard Brevik in 2013 and 2014. M/V Island Duchess was christened together with her sister vessel M/V Island Duke during a naming ceremony earlier this summer, and is heading for the spot market as soon as she leaves the yard. The vessel has an overall length of 84.45 meters and a breadth of 17 meters with a deadweight of 3,800 metric tons and a deck capacity of 800m2.

Norway's Vard Wins OSV Contract

A Vard-built OSV

Vard contracted by Island Offshore for the construction of an advanced offshore support vessel (OSV) of Rolls-Royce design. The value of the contract amounts to approximately NOK 400 million and delivery is scheduled from Vard Brevik in Norway in Q3-2014. The hull of the vessel will be delivered from Vard Braila's shipyard in Romania. The Island Offshore Group is a leading provider of services to the offshore industry managing a fleet of 23 high quality vessels with an average age of less than four years, currently operating in Brazil, Mexico, USA and in the North Sea.

M/V Island Dawn Delivered to Island Offshore

Photo: Island Offshore

Island Offshore has taken delivery of M/V Island Dawn from the Vard Brevik shipyard in Norway. This is the third platform supply vessel in a series of four Rolls-Royce UT 717 CD designs, delivered from Vard Brevik. Managing Director of Island Offshore, Håvard Ulstein said, “It is always a pleasure to welcome another vessel to our fleet, and with this being the third in a row we know that we receive quality. As her sister vessels, M/V Island Dawn has an overall length of 84.45 meters and a breadth of 17 meters with a dead weight of 3,800 metric tons and a deck capacity of 800 square meters.

Island Offshore Renews Veripos GNSS Positioning Contract

Island Offshore Vessel: Photo credit Island Offshore

Island Offshore, renews Veripos's 3-year contract for precision GNSS positioning services for DP vessels. Island Offshore awards Veripos a further three-year contract for continuing provision of precision GNSS positioning services for 16 DP vessels in addition to another 6 due to begin service in the near future. The new agreement extends the working arrangement between the two companies which first began in 2007. All the vessels are being supplied with Veripos’s latest Apex2 precise point positioning service using both GPS and Glonass networks as well a combination of its Apex…

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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