Lauritzen Marks Brazil Offshore Services Milestone

Lauritzen Marks Brazil Offshore Services Milestone

Friday, May 06, 2011

Lauritzen Offshore has fulfilled the first part of its strategy to become an important partner in the offshore services market with special focus on deep water employment offshore Brazil.

Recently Lauritzen Offshores unique Accommodation and Support Vessel, Dan Swift, was contracted by Petrobras. Prior to its employment for Petrobras, Dan Swift was employed offshore Brazil by Statoil and most recently by a Shell project offshore Nigeria.

In Brazil, Dan Swift will be part of Petrobras new fleet of service units for maintenance and safety (Unidade de Manutencao e Seguranca). Dan Swift will be deployed to accommodate close to 300 people for Petrobras in Campos Basin offshore Brazil.

Dan Swift is the first monohull accommodation and support vessel to service the high end of the offshore market. In addition to its modern accommodation facilities, the dynamically positioned DP-2 vessel is equipped with two independent offshore telescopic gangways, which have proved very efficient for safe personnel transfer while Dan Swift remains constantly connected to fixed and floating offshore installation in DP mode.

In addition to Dan Swift, Lauritzen Offshore has three dynamically positioned shuttle tankers on long-term contracts with the Brazilian company.

The long-term contract for Dan Swift is due to commence in July 2011 and the combined contract value of Lauritzen Offshores engagement with the Petrobras group exceeds USD 550 million.

"We are extremely pleased with our cooperation with Petrobras, which is one of the biggest and most demanding energy corporations in the world. We have in our strategy been focused to serve Petrobras in Brazil," says Torben Janholt, President and CEO of J. Lauritzen A/S.

"With the recent employment for Dan Swift, Lauritzen Offshore has not only fulfilled the initial part of its strategy, but also confirmed our ability to establish long-term business relations with some of the most demanding customers in the offshore services market. Top performance, quality and safety play an important part in this industry," says Jesper Kragh Andresen, President of Lauritzen Offshore Pte. Ltd.

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CGGVeritas Marks Ops Step-Change with Eldesvik JV

CGGVeritas Marks Ops Step-Change with Eldesvik JV

Monday, May 02, 2011
CGGVeritas

CGGVeritas announced Monday a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic Vega and Oceanic Sirius. The joint venture, CGGVeritas Eidesvik Ship Management AS, will be based in Bergen and is 51 % owned by Eidesvik and 49 % owned by CGGVeritas.

The joint venture marks a step-change in the way CGGVeritas operates its high-end seismic vessels. It creates an integrated team of highly skilled professionals dedicated to ship management to fully support and develop the performance of the fleet. CGGVeritas and Eidesvik are both contributing resources and support to the joint venture.

Jean-Georges Malcor, CEO of CGGVeritas, said: "This new joint venture is a key step in our performance action plan. It builds a strong partnership that is focused on shared objectives around the operational excellence of our marine fleet and supports our plans to streamline the number of our maritime partners. I look forward to working closer with our long-term partner Eidesvik to further strengthen our business in the future."

CGGVeritas is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

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