Offshore Subsea Construction Vessels (OSCVs) and Well Intervention Vessels (WIVs)
The Company had five OSCVs and two WIVs at the end of the quarter (2018: five OSCVs and two WIVs).
Vard Design in Ealesund, Norway, in close tie-up with Farstad and Technip designed the OSCV
. Earlier, Farstad has won a five-year framework agreement by Technip Norge for delivery of Remotely Operated Vehicle support operations, light construction work, inspection, maintenance and repair and other subsea-related activities, which will be achieved with this newbuild vessel.
A charter agreement has been ratified by the Harkand with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV
) Siem Spearfish.
Malaysia-based Daya Materials has inked a second contract to provide an offshore subsea construction vessel (OSCV) and offshore services to Norwegian firm Technip Norge AS for work in the North Sea and North Atlantic.
According to Daya, its second OSCV Siem Daya 2, is to be chartered for around 100 to 175 days per year for a period of three years, to begin from 2014 with options to extend until 2020.
Farstad Shipping has awarded a new contract valuing NOK800 million to Vard Holdings Limited (VARD) to design and build one Offshore Subsea Construction Vessel (OSCV).
It is expected that the delivery of this OSCV will be carried out in Q3 2015 and will be used for subsea and Inspection, Maintenance and Repair (IMR) operations.
Contract Awarded for design and construction of an offshore subsea vessel (OSCV).
Featuring a length of 143 meters, beam of 25 meters and a deck area of above 1,800 square meters, the Vard 3 07 design OSCV will handle subsea, inspection, maintenance and repair operations.
Construction of an offshore subsea construction vessel (OSCV
* three OSCVs
(Offshore Subsea Construction Vessel), two of which were delivered by the Brattvag (Norway) shipyard to Topaz Energy and Marine Limited, and a vessel delivered by the Promar (Brazil) shipyard to Dofcon Navegagao Ltda;