Deep Sea Supply of Norway has been awarded a 3-year contract for its AHTS (Anchor Handling Tug Supply) vessel Sea Badger for operations offshore Thailand. The vessel has already commenced operations, it said. The AHTS vessels Sea Tiger and Sea Bear, meanwhile, have been awarded 120 day firm contracts, with 60 day options, with an unnamed oil company for operations off Brazil. Both vessels have been operating in the North Sea spot market and will mobilize to Brazil. The vessels will start their contracts in Brazil on 1 March. The total value (net after local taxes) of the firm period of contracts is put at approximately US $19.3m.
Recommended Reading
For Sale? Trans Mountain Pipeline Tentatively on the Market
2024-04-22 - Politics and tariffs may delay ownership transfer of the Trans Mountain Pipeline, which the Canadian government spent CA$34 billion to build.
Enbridge Fortifies Dominant Role in Corpus Christi Crude Transport
2024-03-20 - Colin Gruending, Enbridge executive vice president and president for liquids pipelines told Hart Energy the company’s holdings in South Texas are akin to a “catcher’s mitt” for Permian and Haynesville production.
Report: Crescent Midstream Exploring $1.3B Sale
2024-04-23 - Sources say another company is considering $1.3B acquisition for Crescent Midstream’s facilities and pipelines focused on Louisiana and the Gulf of Mexico.
Post $7.1B Crestwood Deal, Energy Transfer ‘Ready to Roll’ on M&A—CEO
2024-02-15 - Energy Transfer co-CEO Tom Long said the company is continuing to evaluate deal opportunities following the acquisitions of Lotus and Crestwood Equity Partners in 2023.
TC Energy’s Keystone Back Online After Temporary Service Halt
2024-03-10 - As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.