Lundin Contracts Eidesvik’s LNG-powered Viking Prince to Support North Sea Drilling Campaign

Viking Prince, image courtesy Eidesvik

Eidesvik has entered into an agreement with Lundin Norway for chartering of the LNG powered supply vessel Viking Prince, which will be delivered from Kleven Verft shipyard 30 March 2012.

Viking Prince will replace Viking Athene in the existing contract between the two parties from the time of delivery, which means that Viking Athene will be released from duty from the same date.  The original contract was firm for 4 drilling wells, with charterer’s option for another 6 wells. At the time Viking Prince commences the contract, Lundin is near the completion of the 2nd well.

“We are excited over the fact that the vessel will commence a contract from the time of delivery. It is delightful to see another operator on the shelf start using LNG powered supply vessels. For us it is satisfactory to be in the position to offer a vessel of the highest quality to a fast developing operator with an exciting future,” says Eidesvik CEO Jan Fredrik Meling in a comment.

About the Viking Prince…

This vessel represents a new generation of environmentally-friendly platform service vessels with great emphasis on fuel economy, low emissions and large capacities both below and on deck. Light ice class (ICE C) makes them suitable for northern waters. Sophisticated equipment for oil recovery (OIL REC NOFO 2009) and capacity for standby vessel further increases market value. Dead weight is 6,500 tons, length 90 meters, beam 21 meters, deck space more than 1,050 m2.

This Wärtsilä-designed VS 489 PSV features 4 LNG dual fuel engines to ensure low NOX emissions (85% reduction) and significantly reduced CO2 emissions (25% reduction). A new state of the art system for purifying ballast water is installed, a requirement to be implemented for vessels of this kind.

Where she will be operating: