Chevron takes Eidesvik PSV for North Sea work

Business & Finance

Norwegian shipping company Eidesvik Offshore has been awarded a contract for one of its platform supply vessels in the North Sea. 

According to its Oslo Stock Exchange filing on Friday, Eidesvik has been awarded a contract for 18 months + 12 months options from Chevron North Sea Limited for the PSV Viking Princess.

The contract has been set to start in January 2018 and is in direct continuation of the current contract. Namely, the current contract was awarded in May 2015 for a duration of 19 months + 4×6 months options.

The new contract has been made at the current market terms, the vessel owner said.

Managing Director, Jan Fredrik Meling, said: “We are very pleased with the contract extension for the hybrid vessel Viking Princess, and are happy with the renewed confidence from Chevron North Sea Limited.”

The Viking Princess was named and delivered in 2012. Last October it became the world’s first offshore vessel with a hybrid energy storage solution.

Offshore Energy Today Staff