Equinor awarding contracts for platform supply vessels
Six contracts have been awarded to five shipowners, for a total value estimated at more than NOK 2,5 billion including options.
The six platform supply vessels will be managed by Simon Møkster Shipping AS, Island Offshore Management AS, Eidesvik AS, Remøy Shipping AS and P/F Skansi Offshore.
The contracts will take effect before the end of 2022, have a three-year firm period and three one-year options. The vessels will support Equinor’s activities on the Norwegian Continental Shelf.
“We are pleased to secure contracts with suppliers which have a solid safety culture, and the necessary capabilities to ensure safe and efficient operations for Equinor. Long-term commitments are mutually beneficial to Equinor and our suppliers. They ensure predictability and form the foundation for innovative solutions to improve on all aspects of our collaboration, including reduction of emissions from our operations,” says Mette H. Ottøy, chief procurement officer.
Vessels, owners and ship management:
- Island Crusader, Island Offshore VIII KS, Island Offshore Management AS
- Stril Luna, Simon Møkster Rederi AS, Simon Møkster Shipping AS
- Stril Mar, Simon Møkster Rederi AS, Simon Møkster Shipping AS
- Rem Hrist, Etta Shipowning Ltd, Remøy Shipping AS
- Kongsborg, Skansi Ship Invest P/F, P/F Skansi Offshore
- Viking Avant, Eidesvik MPSV AS, Eidesvik AS
In addition Equinor has extended a contract with Island Offshore Shipholding LP for four years, for Island Clipper, which is a combined platform supply vessel and walk-to-work vessel. Island Clipper has supported the Oseberg field in the past and is scheduled to also work on the Hywind Tampen offshore wind farm.
As part of the agreement there is a joint commitment to pursue possibilities to modify the Island Crusader and Kongsborg vessels to be powered by ammonia fuel. This will be carried out in two separate projects involving a number of sub-suppliers throughout the maritime industry. The overall goal is to reduce the CO2 emissions by up to 90 percent by use of ammonia fuel. All six vessels either have, or will get, a battery installed for hybrid operations.
The agreements include requirement for the vessels to employ one cadet or ordinary seaman for each shift, as a recruitment contribution to the maritime industry.
“We are dependent on supply vessels like these to support our more than 40 fields in operation on the Norwegian Continental Shelf (NCS), and we look forward to collaborating with the ship owners and crews for many years to come." I am especially pleased that we are jointly investigating opportunities for further CO2 reductions,” says Ørjan Kvelvane, senior vice president for Joint operations support.
Facts on Equinor's supply vessels on the NCS
- At any time, around 30 supply vessels from a long range of ship owners are in service to supply Equinor’s installations and rigs. Standby vessels and anchor handling vessels are additional.
- Around 900 people are working on supply vessels in service for Equinor.
- In 2021, the vessels transported almost two million tonnes of cargo to and from the installations.
- Most of the vessels are on longer-term contracts (3 years +), but there are also several vessels on shorter-term contracts and from the spot market.
Latest news
Equinor brings on another rig
Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.
Ex. dividend second quarter 2024 today - Oslo Børs
The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded on Oslo Børs exclusive the second quarter 2024 cash dividend as detailed below.
bp, Equinor, Shell and TotalEnergies join forces to help increase access to energy
bp, Equinor, Shell and TotalEnergies announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which aims to ensure access to affordable, reliable, sustainable, and modern energy for all.