Malaysia-based offshore oilfield services firm Bumi Armada Berhad has been awarded three contracts by LUKOIL-Nizhnevolzhskneft LLC to provide three Ice-Class vessels to service offshore platforms in the Filanovsky field, in the Caspian Sea, Russia.
Each of the Ice-Class contracts is for a period of 10 years, with the possibility of further extensions of up to another 20 years. The Ice-Class contracts have an estimated aggregate value of US$262 million (RM844 million) for the fixed 10 years of charter, with extensions of up to 20 years, at an estimated aggregate value of US$483 million (RM1.56 billion), if the extension options are fully exercised.
An interim contract of approximately US$18 million (RM59 million) was also signed for the provision of two support vessels and one rescue vessel, to be delivered in November 2014, for deployment pending delivery of the purpose built Ice-Class vessels.
The three vessels, comprising two new-build Ice-Class support vessels and a new built Ice-Class multipurpose duty-rescue vessel, will start work in November 2015, to provide all year round services such as delivery of cargo and personnel, salvage, search and rescue functions,
fire-fighting operations, towing and tanker mooring operations.
The two 5280 brake horsepower (bhp) support vessels will be 80m-long, and 16.5m wide, with a 3.8m draft, diesel direct drive, Ice-Class, Volga Don Canal compliant, FiFi1 and with DP2 capability. They will each be able to accommodate 24 persons on board.
The multipurpose duty-rescue vessel will have about 6000 bhp. It will be 80m-long, 16.5m wide, with a 4.2m draft, diesel direct drive, Ice-Class, Volga Don Canal compliant, FiFi1, and DP2 capability. This vessel will also have oil spill collection and storage facility, cabins for 24 persons along with temporary accommodation for 125 rescued persons.
Executive director/CEO Hassan Basma said: "These contracts further reinforce the consolidation of our business in the Caspian region and strengthens our market position. This is the first time we will be building Ice-Class vessels to complement our OSV fleet of some 50 vessels.”
Image: Bumi Armada
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