GC Rieber's Ice-Breaker to Stay in Sakhalin with Exxon for Three More Years

Thursday, September 17, 2020

Norwegian offshore and shipping firm GC Rieber Shipping has secured a two-year contract extension for the icebreaker Polar Pevek with Exxon Neftegas at the Russian Far East.

The vessel is operating off Sakhalin Island, in far-east Russia. It is co-owned 50/50 with Maas Capital and operated by GC Rieber Shipping's Russian co-owned ship manager OOO Polarus.

Polar Pevek, built-in 2006, is purpose-built to provide support to shuttle tankers in harsh weather conditions on the Sakhalin I project off eastern Russia.

The vessel has been is on a long-term charter to Exxon Neftegas and operates off the De-Kastri oil terminal, assisting tankers carrying oil from the Sakhalin I offshore project in eastern Russia.

The new contract extension follows from the end of the firm period in September 2021, making the vessel on a contract at the Sakhalin until September 2023. The vessel started its original 15-year charter back in 2006.


Categories: Energy Vessels Russia Activity Asia

Related Stories

Vard Secures Five Vessels Order for Oil and Gas Sector

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Current News

ExxonMobil to Drill for Gas Off Cyprus in January

Mocean Energy Raising Funds to Advance Wave Energy Tech

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

New Alliance Targets CTV Deliveries for Japanese Offshore Market

Subscribe for OE Digital E‑News