VARD to Build Offshore Support Vessel for Island Offshore

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract with Island Offshore for the construction of one offshore support vessel of Rolls-Royce design.

The value of the contract is in excess of NOK 1 billion. Delivery is scheduled from Vard Brevik in Norway in 2Q 2016. The hull of the vessel will be delivered from Vard Tulcea in Romania.

The Island Offshore Group is a leading provider of services to the offshore industry managing a fleet of more than 30 high quality vessels with an average age of less than four years, currently operating in Brazil, West Africa, the Gulf of Mexico and in the North Sea.

VARD has delivered more than 30 vessels to Island Offshore in the past, in addition to five vessels currently under construction.

Press Release, May 23, 2014; Image: VARD

Share this article

Follow Subsea World News

Events>

<< Apr 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 1 2 3

9th Annual Submarine Power Cable and Interconnection Forum

This year’s Advance Submarine Power Cable and Interconnection conference will focus on the cutting edge thinking that is emerging across…

read more >

The 24th Annual PNEC Conference & Exhibition

The 24th annual PNEC Conference and Exhibition  will bring together the industry thought leaders and technology providers that enable the management…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >