Eidesvik, Agalas, Reach Subsea order new jointly owned construction support vessel

Business & Finance

Three Norway-based offshore energy vessel and service providers, Eidesvik, Agalas and Reach Subsea, are building a new construction support vessel (CSV) for subsea and offshore wind operations. The vessel will be two-thirds owned by an entity owned by Eidesvik and Agalas, controlled by Eidesvik, and one-third owned by Reach Subsea.

Source: Eidesvik

The new construction support vessel will have similar specifications as the CSV equipped to perform inspection, maintenance, and repair (IMR) work that Eidesvik currently has under construction together with Agalas at the Sefine Shipyard in Turkey.

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The new vessel, which will feature a battery hybrid system alongside dual-fuel generator sets capable of operating on either methanol or marine gas oil (MGO), will also be built at the Sefine Shipyard, with delivery scheduled for spring 2027.

Once delivered, the CSV will enter into a five-year charter contract with Reach Subsea, with options for two extensions of one year.

Full management of the vessel, including crewing, will be provided by Eidesvik. The company currently co-owns one vessel with Reach Subsea and another with Agalas. 

Designed by NSK Ship Design, the new CSV will have an overall length of 99.9 meters, a breadth of 21 meters, and accommodation for up to 100 personnel. The vessel will be equipped with a 150-tonne heave-compensated crane and will have a deck area of approximately 900 square meters.

Furthermore, the CSV will feature a remotely operated vehicle (ROV) launch and recovery system (LARS) and will be prepared for operations in the deep-water seabed survey market, Eidesvik said on 20 February.

“This vessel is designed to meet the demands of both the oil & gas sector and the offshore renewables industry, allowing us to capitalize on market opportunities in both these sectors”, said Helga Cotgrove, CEO of Eidesvik Offshore.