Two less offshore vessels looking for work today as Island Offshore announces charter contracts for the company's vessels Island Valiant and Island Constructor. The contracts were awarded by A/S Norske Shell for work at the Draugen oilfield in the Norwegian North Sea. According to a statement from Island Offshore, the AHTS Island Valiant will start with IMR-work … [Read more...]
Island Offshore Lays Up Two More PSVs as North Sea Lay Ups Top 100 Vessels
Island Offshore has announced the lay ups of its two platform supply vessels (PSVs), Island Dragon and Island Duchess, effectively immediately, pushing the total number of offshore vessel layups in the North Sea to 100 vessels. The Island Dragon will be replaced with Island Commander on the request on oil company Lundin Norway, which needs a vessel with larger … [Read more...]
Ship Photos of the Day – Offshore Construction Vessel ‘Island Venture’ Nearing Completion in Norway
The new offshore construction vessel Island Venture was put through its paces this week during sea trials in Norway, where the vessel is under construction at the Ulstein Verft shipyard. Island Venture is the first of of two ULSTEIN SX165 OCV design vessels ordered by a joint venture between Norway's Island Offshore and US-based Edison Chouest Offshore. The vessel was … [Read more...]
Island Offshore Reduces Working Hours, Avoiding Layoffs
Norwegian offshore vessel operator Island offshore says it will be reducing working hours for its shoreside employees to avoid layoffs amid the severely weakened offshore market. Island Offshore will reduce working hours by 10% for all office employees in Ulsteinvik, Norway beginning August 1, 2015. The company says the reduced hours are to mitigate the … [Read more...]
Island Innovator Spuds-In Off Stavanger
The Island Innovator semi-submersible started turning to the right at PL674BS within the Zulu prospect located approximately 100 kilometers west of Stavanger and approximately 30 kilometers northeast of the Johan Sverdrup discovery. The rig is on contract to Lundin Norway and will be drilling a relatively shallow well - total depth 1,020 meters, to determine the hydrocarbon … [Read more...]