DeepOcean Group has lined up a five-year contract extension for its 2003-built construction and subsea support vessel Arbol Grande.
Mexican offshore company Diavaz will continue to charter the Mexican-flagged vessel to perform inspection, maintenance and repair (IMR) services in Mexico, the Oslo-based subsea services provider said.
Operations will be managed out of DeepOcean’s office in the Mexican port of Ciudad del Carmen.
“We are very pleased to continue the relationship with Diavaz and committing Arbol Grande on a longer-term contract. The vessel has proven capabilities that fit very well for the southern part of the Gulf of Mexico,” DeepOcean Americas managing director Tony Stokes said.
DeepOcean did not disclose any financial details about the extension of the charter.
The company described the Arbol Grande as having “specifications tailor-made for the Mexican market”.
“The vessel has been used as an accommodation and topside maintenance support vessel for several IMR contracts involving saturation and air diving, as well as other light construction support operations,” it said.
The Arbol Grande, which has accommodation for 199 people and two 60-tonne cranes, has spent its whole career with DeepOcean working for Diavaz.
The company acquired the ship from North Sea Shipping for $42.4m in January 2008.
DeepOcean said Diavaz has been key client for two decades.
The company describes itself on its website as offering companies within oil and gas, offshore renewables, deep sea minerals and other non-energy niches a full range of services from surveys, engineering, project management and installation to maintenance and recycling.
Assets to perform these tasks include a fleet of owned and chartered offshore support vessels, remotely operated vehicle systems and seabed intervention tools.
