Age Remoy’s Rem Offshore has clinched long-term deals for seven of its ships in strong oil and gas and offshore wind vessel markets.
The private Norwegian owner said the charters total just over NOK 1.5bn ($140m).
“The contracts have been signed on market terms and will ensure high fleet utilisation in the coming years,” it added.
Rem Offshore now has a total backlog of around NOK 3bn.
The 110-loa multipurpose subsea ship Rem Inspector (built 2013) has been awarded contracts for work on offshore wind projects in Taiwan.
The charters have a total duration of just over 12 months, starting in the current quarter.
The Rem Inspector has worked in offshore wind since 2019, providing gangway services and commissioning of offshore wind farms.
The 111-loa subsea vessel Rem Saltire (built 2008), meanwhile, has been awarded a two-year contract from an international seismic supplier and will be used for node seismic and remote operating vehicle services globally.
And the 4,200-dwt large platform supply vessel Rem Mira (built 2012) has extended its contract with Serica Energy until the fourth quarter of 2026.
Two more large PSVs have extended their contracts with oil company Apache until the first quarter of 2025.
Equinor deals extended
Also, the 5,700-dwt Rem Star and Rem Art (both built 2014) have extended for two years with Equinor and have contracts well into 2025.
“The supply vessels will support their operations on the Norwegian continental shelf, and Rem is pleased to continue its cooperation with Equinor,” the owner said.
The duo still has three annual options left after 2025.
“It is gratifying to note that the contracts reflect both today’s market and the range of services we can offer to our good customers,” said chief executive Lars Conradi Andersen.
“We are solidly positioned in several segments with a modern and environmentally friendly fleet, and in combination with great effort from our employees, we continue to be a preferred shipping company.”