Norway based Multi Role Vessels provider Atlantic Offshore, managed to signed contract extensions with, DEFRA, Total UK and Equinor, for three of its MRV’s
The company informed in a statement that DEFRA has declared a 9 month option for Ocean Osprey, commencing end of June. Total UK has declared one year option for Ocean Troll, commencing mid-July, and Equinor has declared one year option for Ocean Marlin, commencing mid-September.
2014 built, 66.8 m long ‘Ocean Osprey’ got a nine month option from UK’s Department for Environment, Food, and Rural Affairs (DEFRA).
According to the company, the vessel has already started working under the contract option since end of June.
The Ocean Osprey initially started working for the Government department in April this year for offshore patrol work in the North Sea.
Second contract extension signed by Atlantic Offshore for its VS 469 MK II design, 1984 built, 76.64m long ‘Ocean Troll’ with Total UK.
MRV is currently under contract with Total on the Culzean field in the central North Sea.
Contract extension clause will executed from mid July for another year. Original contract was signed between Atlantic Offshore and Maersk Oil in 2017, which was transfer to Total with the acquisition of Maersk Oil Assets on March 8, 2018.
Third and final contract extension signed for HY 820 designed, 2014 built, 66.8 m long ‘Ocean Marlin’, for one year option with Equinor, starting in mid September.
The ERRV / MRV was inherited by Equinor in 2018, when Norwegian Oil Major took over the contract from Total, while vessel was engage on Martin Linge field.
According to the initial contract, of four years, there’s an options to extend for another four years.