Boskalis clinches $126m worth of subsea contracts

Boskalis clinches $126m worth of subsea contracts

Boskalis Subsea Services, part of Boskalis’ offshore energy division, has secured multiple contracts worth a total of over EUR100m ($126m) in the North Sea over the last six months.

The contracts include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec, a decommissioning contract with Spirit Energy, as well as a scale squeeze scope for Premier Oil’s Huntington field.

As a result of the contracts, the company has booked 750 vessel days with the company’s dive support vessels Boka Atlantis, Boka DaVinci and Boka Constructor for 2019. A further 1,000 days are booked for 2020 and beyond, with more than 600 coming from an IRM project in the Middle East.

In addition to the contract awards, Boskalis has also secured master service agreements with most of the operators in the North Sea.

“As predicted in a recovering market, the major players are going after the larger contracts and there is a natural space for a more agile, responsive service that is committed to the highest standards in health, safety, quality and environmental performance along with first class project execution,” said Stuart Cameron, managing director of Boskalis Subsea Services.

“Last year, Boskalis decided to give the UK more focus which has driven the growth in Aberdeen, where we are able to offer our customers diving services, SURF delivery and, of course, specialist IRM solutions,” Cameron added.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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