Vard to Build Advanced Offshore Support Vessel for Island Offshore

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract with Island Offshore for the construction of one advanced offshore support vessel. The value of the contract amounts to approximately NOK 400 million.

The vessel is scheduled for delivery from Vard Brevik in Norway in 1Q 2015. The hull of the vessel will be delivered from Vard Braila in Romania. The vessel is designed by Rolls-Royce.

CEO and Executive Director, Roy Reite, at VARD says, “We appreciate the long-term relationship we have with Island Offshore. This cooperation has once again resulted in an innovative new project for VARD. In total, we have delivered more than 30 vessels to Island Offshore. Currently, VARD has five vessels under construction for Island Offshore. We look forward to continuing and developing this excellent relationship.”

The Island Offshore Group is a leading provider of services to the offshore industry managing a fleet of 28 vessels including 4 newbuildings. The vessels are currently operating in Brazil, Gulf of Mexico, West Africa and in the North Sea.

Press Release, November 29, 2013; Image: VARD

 

Share this article

Follow Subsea World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Shallow and Deepwater Mexico Exhibition and Conference

Shallow and Deepwater Mexico, an offshore oil and gas exhibition and conference is the key center for the international offshore oil and gas community in Mexico. 

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >