Construction Vessel Chartered To Work On TEN Dev�t Project

Eidesvik Offshore ASA, through its Ghanaian entity Eidesvik Ghana Limited, has entered into an agreement for the charter of the Offshore Construction Vessel MV Viking Neptun for work to be performed on the TEN URF Development Project offshore Ghana.

The firms contract period is 50 days plus mobilisation period, with an option for charterers to further extend the scope of work for 50 days.

According to the agreement, start of work is expected to be in the fourth quarter of 2015.

MV Viking Neptun was build in Norway and delivered to Eidesvik in February 2015. The vessel is 145 metres long and 31 metres wide and equipped with a 400 tons crane, with accommodation of up to 150 persons.

“The Vessel has been operating for Technip since she was delivered from the yard and we are very pleased to continue the good relation and cooperation between the Technip and Eidesvik teams onboard the vessel and onshore,” said Jan Fredrik Meling, CEO of Eidesvik Offshore ASA.

The end-user is Tullow Ghana Limited who is the operator and part-owner of the TEN field in Ghana.

Furthermore, Reach Subsea will perform the ROV services under this agreement, as part of the three-year contract entered into with Eidesvik Offshore in October 2014.

Reach Subsea CEO Jostein Alendal said: “We are pleased to see that the work performed by Reach Subsea and Eidesvik Offshore for Technip so far this year has positioned the MV Viking Neptun for additional work through the upcoming winter season, thereby securing continued good utilisation of our ROV Resources.”

Eidesvik Offshore ASA, together with its subsidiaries, offers services in the maritime sector worldwide. The company owns and operates a fleet of vessels, while Technip is a world leader in project management, engineering and construction for the energy industry.

Eidesvik Ghana Limited is operated by Ghanaian partners in cooperation with Eidesvik, and Technip.