Hallin's new vessel wins US$20 million Shell contract
Posted on 09.03.2009 - 13:00 EDT in CONTRACT AWARDS by Rons_ROV_Links
Hallin Marine, the AIM quoted subsea solutions provider to the oil and gas industry, announces that its new subsea operations vessel (SOV), the Ullswater, has won its first order and will commence the US$20 million contract immediately. The contract will see the Ullswater operate in the role of accommodation support vessel for offshore oil and gas owner/operator Shell Philippines Exploration B.V. (SPEX) into 2010 as part of the Malampaya shallow water platform maintenance programme.
The 78 metre Ullswater is Hallin's new build, flagship vessel and has just successfully completed its sea trials following delivery from its construction docks in Batam, Indonesia.
The vessel is now being mobilised to support the SPEX's programme and will operate in its dynamically positioned class two (DP2) mode and provide support and accommodation to the construction crews carrying out the platform maintenance programme.
The contract is a firm charter hire with SPEX, which is a subsidiary of the Royal Dutch Shell Group, with potential to extend on location through 2010.
Jon Attenburrow, Hallin's East Division's MD, said: "Hallin is pleased to receive the 2009 contract award from Shell Philippines Exploration B.V., which is part of one of the world's major operators. We look forward to a successful campaign in support of Shell's offshore operations with Hallin's flagship vessel, the SOV Ullswater