Dof has fixed out five of its platform support vessels (PSVs), three of which are ostensibly for Saipem in offshore Guyana.
The Oslo-listed offshore support vessel specialist did not disclose the individual charter rates, but said the contracts have a combined value of NOK 425m ($49.4m).
Two thirds of the revenue will arrive this year.
Offshore Guyana
The 5,100-dwt Skandi Neptune (built 2001) has already begun survey work in Guyana and has a second contract period scheduled this year in field development construction support activities, Dof said in a filing.
The 4,100-dwt vessels Skandi Foula and Skandi Buchan (both built 2002) will join the vessel in Guyana during the second quarter and will be employed in carrying pipe and subsea hardware to the main installation vessels.
Dof said it estimates asset utilisation will be 650 vessel days, plus options, for the three PSVs.
Hilde Dronen, chief financial officer for Dof, told TradeWinds she couldn’t comment on the identity of Dof’s clients.
“We are very happy that we have managed to get long-term contracts in that area – Guyana is a very interesting region for us,” she said.
“For the vessels, it’s a good utilisation and at a decent rate.”
This is Dof’s first contract in offshore Guyana, chief executive Mons Aase said.
“Guyana is a growing region where we expect increased activity going forward,” he said in a filing.
The charterer looks likely to be Saipem, although Dof did not disclose the identity of its client in its filing.
Latest AIS data confirms that Skandi Neptune is at work in the Liza field, for which Saipem is undertaking the engineering, procurement, construction and installation (EPCI) contract for subsea umbilicals, risers and flowlines (SURF).
The field is operated by Esso Exploration and Production Guyana, an affiliate of ExxonMobil.
Red Sea contract
At the same time, Dof’s 4,200-dwt Geoholm (built 2006) is being prepared in Singapore to commence a contract for marine and ROV operation in Saudi Arabian waters of the Red Sea.
The vessel will support 3D ocean bottom node (OBN) survey projects during the contract, which will be 700 days long or more.
Dof again did not reveal its client, but it is likely to be Seabed GeoSolutions, a joint venture between Fugro and CGG, and its partner Argas.
The partners are undertaking an OBN survey in the region for state oil producer Saudi Aramco.
Mediterranean
Finally, the 4,100-dwt Skandi Caledonia (built 2003) has secured a short-term contract in the Mediterranean commencing in March.
Dof did not supply any further details about the contract.
