Island Offshore Secures Contracts with Shell
Thursday 7 April 2016
The two vessels, Island Valiant and Island Constructor have secured work at the Draugen oilfield for A/S Norske Shell.
Island Valiant will start with IMR-work (Inspection, Maintenance and Repair) on three wells in April, preparing the wells for the work which Island Constructor will perform later this summer. The time frame for this task is about two weeks.
The Island Constructor is assigned three jobs with different duration, starting in the early summer with Light Well Intervention (LWI) and scale squeeze on two wells at Draugen. In August/September the vessel will return for two more jobs involving LWI and IMR work.
In total these contracts are worth about NOK 100 million to Island Offshore.
In addition to Island Constructor, Island Offshore’s other two LWI vessels The Island Wellserver and the Island Frontier, is now back in operation and started on their contracts for Statoil on the 1st of April. This contract secures Island Wellserver and Island Frontier 200 days each yearly until 2020.
“These contracts are very welcome after a challenging winter with our LWI vessels being laid up for the season. It is very gratifying to see our crews and our vessels mobilizing and returning back to work after the winter,” says Managing Director in Island Offshore, Håvard Ulstein.
Source: Island Offshore