Age Remoy’s Rem Offshore has signed what it calls a record-breaking eight-year inspection, maintenance and repair (IMR) contract with Norwegian energy major Equinor.
The contract also involves subsea company DeepOcean.
Rem is ordering at least one new methanol-fuelled ST 245-type IMR vessel at the domestic Myklebust Verft yard for the business.
No financial details have been revealed.
Rem chief executive Lars Conradi Andersen said: “The charter agreement with DeepOcean is the largest in Rem’s history, increasing our order backlog to nearly NOK 6bn [$543m].”
The eight-year term has extension options attached.
Rem said the new ship, due in 2027, will set benchmarks for environmental sustainability and operational efficiency.
It will also strengthen Norway’s maritime industry, particularly the local cluster in Sunnmore, the company added.
Designed in collaboration with Skipsteknisk, it will run either on biomethanol and biodiesel, or batteries.
“Rem and DeepOcean share a long history, and we are thrilled to collaborate again in delivering IMR services to Equinor,” said Conradi Andersen.
“Executing such an ambitious project locally, with trusted suppliers, highlights the strength of our maritime industry cluster as a global leader in its field.”
Next-generation ship
Ottar Kringen Maeland, chief operating officer of DeepOcean, described the new ship as “the next generation subsea vessel”.
The newbuilding, to be called Rem Ocean, will be ship number 83 off Myklebust’s slipway.
There is also an option to build a second vessel in the series.
The 117-metre Rem Ocean can reduce emissions by up to 90% compared with traditional fuel, the owner said.
It is capable of operating in wave heights up to six metres and is classified for year-round use in ice-covered waters, enabling operations at Equinor’s northern facilities.
The vessel will accommodate up to 120 people.
Leiv Sindre Muren, CEO of Myklebust Shipyard, said: “The construction of Rem Ocean is a vital contribution to local value creation and job growth...
“It extends our order backlog, creates new opportunities and presents exciting technological challenges.”
The yard is already building a large subsea vessel for Rem for delivery in 2026.
The owner also has a service operation vessel due from Vard in Vietnam in the same year, plus an operational fleet of 15 offshore support vessels.
