Spanish shipyards build for Atlantic Offshore

Atlantic Offshore have ordered two new vessels, worth €50 million from Zamakona Yards in Bilbao, Spain. Atlantic Offshore is now building six new vessels, at a cost of NOK 1.6billion.

Atlantic Offshore have placed orders for two FSV vessels with bollard pull. Additionally, the company have options for two more vessels, of corresponding price. Zamakona Yards have built several similar vessels in the recent years, and have solid international references relating to quality and delivery time. Both vessels, and any options, will be delivered during 2014.
The vessels are tied to the contracts Atlantic Offshore have entered with oil companies Total and Shell United Kingdom, and will operate in both Norwegian and British sectors. They will be built in the HY 820 design, developed by Havyard in close cooperation with Atlantic Offshore. The Spanish yard will involve Norwegian subcontractors for the newbuildings.
– The vessels represents, in all aspects, one of the most modern standby vessel, and we note that oil companies are eager to acquire vessels that can serve functions beyond emergency rescue and response, says Wareberg.
He points out that it is imperative that future FSV vessels can alleviate platforms with towing and cargo-storage capacity. The vessels are equipped with hospital with providing for up to 300 people. One vessel will be delivered with advanced fire fighting (FiFi II). The vessels are 68 meters long and 16 meters wide.

Atlantic Offshore receives contract with Shell UK

Atlantic Offshore has been awarded a five-year ERRV contract with oil company Shell Ltd, in the British sector of the North Sea. The company has secured an option for another five years. The last month has collected Atlantic Offshore contracts and options for a value of NOK 2 billion.
– The contract with Shell UK commences in 2014. We will operate a well-equipped FSV-ship (Field Support Vessel), certified to rescue up to 300 people, on the Gannet oilfield east of Aberdeen, says CEO Roy Wareberg. The vessel will also contain a loading and storage area, to support Shell rigs nearby. The HY820-design of the ship has been developed in close collaboration with Havyard Group.
Recently, Atlantic Offshore has also signed agreements with oil and gas companies Statoil and Total. Including the options, the contracts represent a value of NOK two billion. Atlantic Offshore will operate two PSV (Platform Supply Vessel) for Statoil and one FSV for Total. These vessels will operate in the Norwegian sector. Wareberg highlights several factors related to the many agreements the company has been awarded:
– First and foremost, it proves that we are a preferred and reliable partner. We have operated in this market since 1988. Additionally, we have a renewal program, which makes Atlantic Offshore one of the leading companies in terms of technology and functionality of the overall fleet. The fact that we meet and satisfy all certification and environmental requirements, makes us more attractive, says Wareberg. He notices also show that activity is increasing in the offshore market.
Where the FSVs which will operate for Total and Shell UK will be built, will be decided shortly.

Atlantic Offshore orders two vessels from Kleven

Atlantic Offshore has awarded Kleven Maritime a contract to build two new PSV vessels with VS 485 MKIII L design.  The total contract value is nearly NOK 700 million. The vessels are designed by Wartsila.

Kleven Maritime’s Myklebust Yard will deliver the vessels in 2014. The ships are more than 90 meters in length and have a load area of ​​over 1000 square meters. Both new buildings will be operating in the North Sea for Statoil. In addition to the two newbuildings, an option for a third PSV newbuilding has been secured with Kleven Maritime.

 – In the selection of yard, we have placed considerable emphasis on quality and competitive terms. Kleven Maritime has built more ships with the same design, and is the shipyard that has built most ships with the Wartsila design, says Atlantic Offshore’s CEO Roy Wareberg.
The vessels are equipped with the latest in technological installations, and meet all certification classes defined by Statoil, and also rigorous and comprehensive environmental regulations for offshore operations. In 2012, Atlantic Offshore will take delivery of three new buildings.
– A modern fleet positions us further in our market, both nationally and internationally. New ships have become a competitive advantage, Wareberg continues.
 
Contact for further information.
Knut Kvinnsland, CFO, tel. +47 901 25 896

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