Magne Viking Contracted by Chevron to Work Alongside the Stena Carron

Viking Supply Ships, one of TransAtlantic’s two business areas, announced today the receipt of a contract award for their AHTS-vessel, Magne Viking, to support Chevron Canada’s operations offshore Newfoundland. The well support operations are estimated to last between 150 and 180 days and the charter will commence during the third quarter 2012.

The vessel is going to support the drill ship Stena Carron with supply duties, anchor handling, towing, stand-by and rescue services, passenger movement and iceberg management.

Magne Viking is especially designed for subarctic operations and harsh weather conditions. The crew on board is especially trained for working in cold environments and has extensive experience from iceberg management from Greenland. The vessel is ice-classed, which is a requirement for operating in Canadian waters, and will be upgraded to a full stand-by class in accordance with Canadian regulations. Magne Viking is furthermore equipped with de-icing systems, fire-fighting, oil recovery, large accommodation and safe deck handling.

The total contract value is estimated at about CAD 11.1 million.