DONG Energy has used the good tides within the offshore industry to extend the company’s office and storage facilities in the Port of Esbjerg.
By doing so, DONG Energy has entered into an agreement with Blue Water Shipping to expand the two companies’ existing lease agreement.
Blue Water Shipping will invest around $10m in the renovation and rebuilding to meet DONG Energy’s requirements for additional office facilities, storage buildings, parking lots and surrounding areas.
“With the construction in the Hejre Field, we are in the process of the largest investment in the Danish sector of the North Sea for the past 25-30 years.
We have therefore evaluated that we need modern work facilities, and we are pleased with the agreement we have made with Blue Water Shipping, which makes it possible for us to give our employees and partners good work facilities”, said Dann Lockdahl, DONG Energy Offshore Base Manager.
Allan Junge, Financial Director of Blue Water Shipping pointed out that it has been hard work to find a good and long-term solution, which exploits the existing buildings and areas in the best possible way.
The agreement means that DONG Energy will take over the buildings and areas which ETS / Esbjerg Tubular Service rents from Blue Water today.
As part of the integrated cooperation, Blue Water will build new facilities for Esbjerg Tubular Services in Esbjerg South Port.
First phase of the large construction project has already begun and the last phase will be completed in the autumn of 2015.
Press Release; July 14th, 2014