Norway: STX OSV Wins Construction Contracts for Four PSV

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds NOK 1 billion. The first two contracts are expected to become effective in November 2011, and the remaining two in January 2012.

All four contracts are subject to financing approvals. The vessels will be of Rolls Royce’s UT 717 CD design. The overall length of each vessel will be 84.3 meters with a beam of 17 meters, and the deadweight will be approximately 3800 DWT. Deliveries are scheduled from STX OSV Brevik in Norway in the third and fourth quarter 2013 respectively for the first two vessels, and in the first quarter 2014 for the other two vessels. The hulls of the vessels will be delivered from STX OSV Braila in Romania.

The Island Offshore Group is a leading provider of services to the offshore industry managing a fleet of 20 high quality vessels with an average age of less than four years, currently operating in Brazil, Mexico, USA and in the North Sea. STX OSV has delivered more than 25 vessels to Island Offshore over the past ten years, and already has four vessels under construction for this long-standing client prior to securing the new contracts.

STX OSV Holdings Limited, together with its subsidiaries, is one of the major global designers and shipbuilders of offshore and specialized vessels used in the offshore oil and gas exploration and production and oil services industries. Headquartered in Norway and with approximately 9,000 employees, STX OSV operates nine strategically located shipbuilding facilities, including five in Norway, two in Romania, one in Brazil and one in Vietnam. STX OSV’s long shipbuilding traditions, cutting-edge innovation and technology coupled with its global operations ensure access to the fastest growing oil exploration markets. The company’s expertise and track record in constructing complex and highly customized offshore and specialized vessels have earned it recognition from industry players and enabled it to build strong relationships with its customers. STX OSV’s major shareholder STX Europe is part of the international STX Group. STX Group has approximately 54,000 employees, and aims to be a global top player in its core areas; shipping and trade, shipbuilding and machineries, plant and construction, and energy.

(1 billion Norwegian kroner = 181.98400 million U.S. dollars)

Source: stxosv, October 31, 2011

Share this article

Follow World Maritime News

Posted on October 31, 2011

In Depth>

Events>

<< Sep 2015 >>
MTWTFSS
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 4

Marine Maintenance World Expo 29 September – 1 October

The international exhibition of maintenance and repair technologies, tools, spare parts, services and systems for vessels of all sizes, from yachts, commercial fishing vessels, work boats, passenger and vehicle ferries, to cargo ships, cruise ships, naval defence fleets, oil tankers, offshore support vessels and offshore-energy platforms.

Expect to see technologies and services including:

• Hull blasting/cleaning equipment
• Hull coatings
• Spare parts component suppliers
• Hull inspection equipment
• Ultrasonic testing equipment
• Non-destructive testing equipment
• Boat-lifting equipment
• Dry dock tools and equipment
• Underwater ship inspection surveys
• Underwater repair technology
• Marine engine maintenance equipment
• Maintenance of marine engine control systems
• Marine transmission maintenance systems
• Predictive maintenance systems
• Engine and oil analysis equipment
• Wear particle indicators
• Vibration analysis systems
• On-ship/onboard visual monitoring display equipment
• Bow stem slamming and strain monitoring
• Water quality monitoring
• Ship maintenance software
• Lifeboat maintenance systems
• Ship repair specialists from around the world
• Hydraulic analysis, coolant analysis, and other fluid analysis
• Wet/underwater welding
• Propeller polishing equipment
• Wireless handheld inventory monitors
• Marine monitoring and control platform
• Integrated platform management systems
• Load cells
• Mooring tension monitoring systems
• Hull stress monitoring equipment
• Tow load monitoring, mooring load monitoring, jetty management monitoring systems
• Mooring load monitoring and analysis equipment
• Marine equipment status monitoring and control systems
• Salinometers
• Marine monitoring and control hardware
• Marine monitoring and control software
• Fleet management systems
• Alarm monitoring equipment
• Power maintenance systems/electrical maintenance systems

Read more about the event here.

read more >

PIANC SMART Rivers Conference

The SMART Rivers Conference is a biennal forum bringing together those involved in river transport form developing and developed countries…

read more >

NEVA 2015

The NEVA 2015 profile will promote traditional sectors of Shipbuilding, Ship Equipment, Offshore Shelf Construction and Equipment, Ports…

read more >

16th Annual FPSO World Congress 2015

This year, we will bring together more than 750 key stakeholders from oil companies, vessel owners, shipyards, financial organisations…

read more >