Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces the award of a major(1) contract by BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt.

This is the second phase of the West Nile Delta project, where the field development will be at depths of up to approximately 800 meters.

The contract scope includes engineering, procurement, installation and pre-commissioning of the subsea infrastructure from twelve wells, with 80 kilometers of umbilicals and 220 kilometers of pipelines. It also includes the installation of the export lines from the subsea location to the Idku terminal.

Engineering and project management work will commence immediately and will be undertaken at Subsea 7's Global Projects Centre in London. Offshore installation is scheduled to commence in two stages.

The first stage, commencing in 2017, will comprise the landfall and shallow water pipelay, and the second stage, commencing in 2018, will involve the installation of deepwater pipelines and execution of the SURF scope. Subsea 7 vessels Seven Borealis and Seven Antares will be used for the pipelay, with the heavy construction vessel, Normand Oceanic, being used for the other construction activities.

Øeyvind Mikaelsen, Executive Vice President Southern Hemisphere and Global Projects said: "This major contract awarded by BP recognizes our performance during the first phase of the West Nile Delta project and allows us to deliver synergies across multiple work packages. Our early engagement on this project has enabled BP and Subsea 7 together with DEA to develop an optimized solution for the development of the Giza, Fayoum and Raven fields and demonstrates the effective collaboration between us. We look forward to consolidating our presence in Egypt and building on our long and successful relationship with BP."

(1) Subsea 7 defines a major contract as being over USD 750 million.

JDR, a leading UK-based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded a contract for intervention, workover and control systems (IWOCS) by Aker Solutions Subsea Division. The project – which is scheduled for delivery in summer 2016 – will include the first deployment of JDR’s innovative ‘Mark II Reeler’ concept.

The scope of supply includes two x 1200 meter umbilicals, which provide annulus circulation function to subsea systems. Both umbilicals will be supplied on JDR’s new ‘Mark II Reeler’ technology. The new innovative reeler design will provide customers with a significant reduction in size versus conventional reelers, saving valuable deck space, as well as a lower weight for lifting and handling. The reeler, which has no impact on umbilical capacity, will also lower costs due to reduced materials. In addition, the new design includes a number of key safety features such as improved operator access and compliance with DNV lifting requirements.

David Currie, CEO of JDR, comments: “JDR has collaborated with customers to create a custom engineered reeler design that provides a number of operational benefits. In addition, the new design provides easier access to control panels within the reeler, enabling safer operations offshore. We are delighted to partner with Aker Solutions on this project.”

Sparrows Group has grown its Americas footprint into Trinidad and Tobago following an agreement to work in cooperation with Miguel Mechanical Services Ltd.

The deal combines local knowledge and expertise with global engineering capability and experience to deliver crane assurance and lifting integrity to the country’s energy industry.

Miguel Mechanical Services will supply local expertise, labor, procurement and facilities while the Sparrows Group will deliver engineering and technical support as well as training and competency assessment.

Stewart Mitchell, chief executive officer at Sparrows Group, said: “Our partnership is a perfect fit in many ways. Both parties are specialists in crane services with a combined history of more than 90 years and we are extending our well established presence in the Americas.

“We were keen to work with Miguel Mechanical Services as their track-record of safe working practices and delivery on quality is in-keeping with our core values. Combining local knowledge with global engineering expertise and experience, we can provide customers in the region with an unmatched service covering all aspects of crane operation, maintenance and training.”

The agreement re-establishes Sparrows Group’s connection with Anthony Miguel, the founder of Miguel Mechanical Services. In the 1980s, Sparrows Group was involved in a project to improve crane performance on offshore assets in Trinidad and Tobago. Because of his pivotal role within the operator’s lifting activities, Anthony worked in tandem with Sparrows Group engineers to ensure the cranes reached and maintained optimum levels of operation.

Following the project, Anthony founded his own company in 1988 which has grown to become the premier crane maintenance service company in Trinidad and Tobago.

Anthony Miguel, managing director at Miguel Mechanical Services, said: “The partnership with Sparrows Group enables us to provide an all-encompassing crane service that meets the needs of many operators in Trinidad and Tobago. We are working together to provide the most efficient and best possible lifting service available to the energy industry.”

Established originally in 1946, the Sparrows Group moved into the oil and gas market in 1975 and has more than 40 years’ experience working offshore. They are one of the most well-known and trusted names in the oil and gas industry. The company provides engineered products and services, primarily to the offshore sector, specializing in lifting and handling, cable and pipe lay, and fluid power solutions.

The Sparrows Group has an existing presence in the Americas with US bases in Houston, Texas, several in Louisiana, and a joint venture, Sparrows BSM, in Macae, Brazil. The company has recently grown its worldwide footprint announcing in 2015 it had entered into partnerships with Eftech in Malaysia and Zamil Group in Saudi Arabia.

Photo - Steve Bertone, Sparrows Group’s Senior Vice President Americas, (left) and Anthony Miguel, Managing Director of Miguel Mechanical Services, shake hands on the firms’ Trinidad and Tobago partnership.

Unique Group has added Nortek’s long range profiling instrument Signature55 to its global lease pool. The instrument has been acquired to give oil and gas customers flexible access to long range profiling capability. Unique Group chose the Signature55 because of its ability to provide ocean current profiling over a range of 1000 m. Another decisive factor was that the Signature55 works well for high-quality current measurements with fine vertical resolution (5 m cells). This makes the Signature55 well suited to customers working in 100-500 m depth, as well as 500-1000 m depth.

The Signature55 gives oil and gas customers flexible access to long range profiling capability.

Cyberhawk Innovations, a world leader in aerial inspection using Remotely Operated Aerial Vehicles (ROAV), also referred to as drones or Unmanned Aerial Vehicles (UAV), has completed an offshore ROAV inspection in North America for one of the world’s largest oil and gas supermajors.

The multiple workscope project was completed over the course of two weeks in Newfoundland, Canada.

Cyberhawk used ROAVs to inspect the live flare, the platform underdeck and the roof of the giant concrete gravity base, and conduct numerous thermal surveys in order to maximise the mobilisation. A back log of complex inspection and survey work was competed whilst the Cyberhawk team was on the platform.

Offshore worker with drone

ROAVs were opted as the preferred method of inspection for this project, primarily to reduce safety risks posed to personnel in the notoriously hazardous, foggy conditions present off the east coast of Canada.

Stringent HSE regulations imposed mean that frequent inspection of offshore assets is required, in order to verify the integrity of the asset and maintain an operating licence. Due to the short weather windows available, the speed of ROAV inspection and the ability to capture large amounts of data in a short time presented a significant advantage.

Malcolm Connolly, technical director and founder of Cyberhawk, was part of the team mobilised back in August 2015. He said: “Cyberhawk is well-known for pushing the boundaries of what is possible in the field of ROAV inspection, however even with eight years of rope access inspection experience and seven years using ROAVs, this was one of the most challenging projects I have been involved in.

“Carrying out the underdeck inspection workscope alone would have taken weeks of complex overside work for a rope access team, or months for scaffolding to be erected. Add to that the challenging weather conditions on the Grand Banks and this would realistically have resulted in an inspection campaign spanning over the whole summer.

“The main advantage that the ROAV had over other access techniques in this instance was its speed and its ability to capture large amounts of inspection information in short periods. Although the ROAV is able to operate safely in 30kts of wind, during this project we were only able to fly on five out of 15 days due to either fog or gale force winds. The number of areas that were inspected in five productive days proves the speed and efficiency of ROAV inspection.

“The successful completion of this project reinforces that ROAV technology can produce results in the harshest of offshore environments. It is also an exciting step forward for Cyberhawk entering the North American market”

Leading international oilfield services company, Expro, has secured a new framework agreement with Statoil Petroleum AS in the Norwegian Continental Shelf (NCS).

The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems delivering its large bore landing string assemblies for completion, workover and intervention projects from both semi-submersibles and jack-up rigs.

Neil Sims, Vice President - Europe CIS (Commonwealth of Independent States), comments:

“This agreement reaffirms the long-standing relationship between Expro and Statoil, established through the provision of well testing and clean-up services over the last 8+ years. We are proud to now be providing subsea landing strings and supporting services for Statoil’s key projects in the NCS.

“Expro are well positioned to support Statoil in Norway with recent investments in a new base and technology – including our $10m facility in Tananger.”

Last year, Expro secured key contracts with Statoil in Canada and Norway for the provision of surface well testing, subsea safety systems, drill stem testing tools, tubing conveyed perforation, downhole sampling and on-site chemistry services.

iSURVEY Pte Ltd, Singapore, has been awarded a marine construction support contract by Solstad Offshore Asia Pacific to provide positioning and survey support for its 2016 pipeline and platform installation programme in Thailand, on board the DLB ‘Norce Endeavour’.

DLB ‘Norce Endeavour’

iSURVEY will provide positioning services to support the installation of numerous pipelines and platforms including monitoring during jacket setting, together with final positioning, levelling and survey assistance during pile cut-off. The estimated contract duration is 200 days commencing in mid-January 2016. Subsea positioning will also integrate with IKM Subsea’s Merlin work-class ROV during installation operations.

iSURVEY Singapore’s managing director Bill Petrie said: “We are extremely pleased that Solstad Offshore have entrusted iSURVEY with survey and positioning works for its forthcoming pipeline and platform campaign. This is recognition of the efficiency and quality of our solutions, and we are pleased they have chosen to extend and renew our contract with them.”

iSURVEY Group is a leading provider of survey and positioning services to the global oil and gas, telecommunications and offshore renewable energy sectors. The Group is headquartered in Norway with bases in Singapore and Aberdeen.

With profit margins under pressure, oil and gas companies are focused on getting more out of existing assets while significantly reducing capital expenditure. Recent data shows that a 5% improvement in Opex could save £490 million on the UK Continental Shelf alone. The new DNV GL release of Maros and Taro software provides powerful tools to support these improvements.

Software for RAM analysis

With the new release of DNV GL’s Maros software for reliability, availability and maintainability (RAM) analysis for the upstream oil and gas industry, and its sister application Taro for refineries and petrochemical plants, the software for optimizing design and production has become even more powerful. With more effective optimization of existing assets, including identifying mitigation options and bottlenecks, production rates can be increased by 10%.

Engineers will realize step changes in the software when they secure optimized margins by developing RAM studies and asset management techniques, collaborating across disciplines and departments, including design, maintenance and operations. The Maros and Taro software solutions have more modeling features, improved animation, more products streams and many new usability functionalities, including a new Resource grid.

Performance improvements

"We’ve seen an ever increasing focus in the last two years on increasing performance and reducing costs," says Are Føllesdal Tjønn, CEO of DNV GL - Software. "Reliability tracking, optimum use of maintenance resources, operational efficiency and valuable asset management insights are key factors that can be achieved when different departments collaborate, reducing operational and capital expenditure while maintaining expected production levels – all in a safe and sustainable way. This is exactly what Maros and Taro can deliver,” he says.

More speed and functions

The new release of Maros increase simulation speed by as much as 40% for models where a large number of events leave overall flow calculation unchanged. During the operational stage, the Sensitivity Manager module allows the user to perform comparisons of key metrics for variations in an analysis’s data such as maintenance resources availability and reliability data for the entire asset.

With the advent of the Internet of Things (IoT) many process plants are becoming smarter and newly developed advanced data analytics are enabling more valuable insights via integrated analysis not possible before these latest technological advances. “Engineering in the context of mega-trends, such as the IoT, Industry 4.0 and smart analytics, shows how DNV GL is well positioned for developing an integrated asset management world,” says Dr Nic Cavanagh, Director of Technology and Products at DNV GL - Software.

About Maros and Taro

DNV GL’s Maros is an advanced RAM (reliability, availability, maintainability) tool specifically developed for the upstream oil and gas industry. It includes extensive features for modeling flow networks, maintenance strategies, typical upstream oil and gas operations, transport logistics and storage tanks. Taro software from DNV GL is a comprehensive plant-wide lifecycle performance analysis solution.

With Taro you can model complex process plant systems and make optimal decisions on design, operation and maintenance based on a quantitative performance analysis. Raw plant data such as configuration and equipment reliability can be integrated into a model of the plant, allowing you to change parameters and assess their impact for optimizations of key performance drivers.

Harkand has signed a new joint venture agreement with Esopeg Lda in Angola, its first strategic partnership in the country and third in the region as the global inspection, repair and maintenance (IRM) company continues to strengthen its capabilities across West Africa.

The newly formed company Harkand Angola Lda, based in Luanda, will focus on the development of local IRM capabilities and services in country, providing support and local content on both large major capital development projects and maintenance to existing ageing operations. It makes the full spectrum of Harkand’s ROV and diving, inspection, engineering, project management and survey services available to the Angolan market.

“Harkand is very proud to bring its technology transfer, technical expertise and training contribution to the developing local subsea oil service sector in Angola,” said general manager for Africa, Doug Fieldgate.

“This new venture, combined with the operations of the Swordfish DP2 multi-purpose vessel in the country, provides a very sound and sustainable operational basis for further development and growth both in Angola and the African region as a whole. We are now in position to offer all our knowledge, assets, services and support to all of our international and locally based clients operating in the area.”

Harkand has forged a number of strategic partnerships as it progresses its ambitious global growth strategy. In the past 12 months the company has established joint ventures in Nigeria and Ghana, facilitating the delivery of its suite of integrated subsea services to the West African marketplace.

Chief executive officer John Reed said: “Angola is amongst the most resilient of the African regions in this sustained lower oil price climate. The joint venture in this country is a key milestone in the deployment and continued growth of Harkand in Africa.

“It not only strengthens our ability to respond to the needs of our clients, it complements our network of partnerships and local companies already operating in Ghana and Nigeria and makes a clear statement of Harkand’s commitment to becoming an integral local and sustainable player in all the regional markets we work in.”

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces it has secured a sizeable(1) extension to the existing contract by BP Exploration Operating Company Limited, for the provision of Subsea Construction, Inspection, Repair and Maintenance (IRM) services in the North Sea.
 


Under the terms of this agreement, Subsea 7 will provide BP with an additional two years of cost-effective IRM delivery, extending the contract to 2019. This is the continuation of the long-standing relationship between Subsea 7 and BP that has been in place since 1998. It covers the maintenance of the Schiehallion, Loyal, Foinaven and East Foinaven fields west of Shetland and will provide increased operational value and return for BP and its joint venture partners in the respective fields (Shell, OMV, Marathon Oil and Faroe Petroleum).
 


Project management and engineering work will be managed from Subsea 7’s Aberdeen office.
 
Phil Simons, Vice President UK and Canada, said: “We are pleased to extend our delivery of IRM services for BP’s west of Shetland developments. In the current commercial environment our track record in IRM and in-house capability for remote tooling design, build and operation, ensure we continue to offer low-cost solutions and respond to our client’s challenges and needs. We look forward to working with BP on maximising the production objectives for their operated fields.”


(1) Contract term: Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.

By combining well-proven MacGregor Pusnes technology in bow loading and offloading systems, MacGregor, part of Cargotec, has helped to develop a solution that enables crude oil to be loaded directly from a floating production storage offloading (FPSO) facility or a floating storage offloading (FSO) unit to a conventional tanker, up to very large crude carrier (VLCC) size. The first contracts for the systems have been signed with China's Cosco Shipyard Group.

An offloading system enables an offshore unit to offload oil to a shuttle tanker or tanker of opportunity.

"MacGregor, and its Pusnes brand, has a long history of developing pioneering offshore loading systems within the industry," says Høye Høyesen, Vice President, MacGregor Advanced Offshore Solutions. "Based on this legacy, MacGregor was invited by Cefront Technology, who developed the concept, to participate in the design and development of the loading systems."

The Cosco Shipyard Group orders will see MacGregor design, manufacture, deliver and commission complete Pusnes loading systems for two cargo transfer (CTV) vessels. The vessels will be built at Cosco Nantong Shipyard and at Cosco Guangdong Shipyard. MacGregor deliveries are planned to start at the end of 2016.

Each vessel will feature MacGregor's well-known Pusnes bow loading and offloading system, which principally comprises: two Pusnes bow loading systems, one Pusnes offloading system, including the world's largest crude oil hose reel with offloading hose; and two sets of Pusnes-patented releasable 700-tonne hawser winches, in addition to auxiliary winches and an integrated electro/hydraulic control system.

"MacGregor is proud of its long and close relationship with Cosco shipyards in China," he adds. "The Cosco Shipyard Group is an important partner for the future and has proved to be a strong player in the merchant and offshore industries."

MacGregor has previously delivered four sets of Pusnes bow loading systems to Cosco Nantong Shipyard and two sets to Cosco Zhoushan Shipyard, of which, one project is still ongoing. In addition to these MacGregor has delivered a range of deck machinery and steering gear to different Cosco shipyards.

CGG has announced that it will commence a multi-client airborne gravity and magnetic survey offshore Mexico. The Comisión Nacional de Hidrocarburos (CNH) has authorized the program, which will include the acquisition of approximately 200,000 line kilometers over six areas across the Mexican Gulf of Mexico.

Data acquisition will commence in March 2016 and is anticipated to take twelve months utilizing specialized geophysical survey aircraft. The project has received significant prefunding from the oil industry.

Location of areas covered by CGG’s multi-client airborne gravity and magnetic survey offshore Mexico.

CGG believes that the Mexican Gulf of Mexico has significant new petroleum potential, both in the shallow and deepwater areas and that CGG’s ability to image complex geological environments will help unlock that potential. The survey will provide coverage over the most prospective areas from the prolific Perdido fold belt with AOI 1, to the more mature near-shore heavy oil belt with AOI 6. The data will help explorers map crystalline basement and magnetic and density anomalies within the sedimentary section. The airborne survey will also collect continuous data through the “transition zone” from the marine environment to onshore.

A comprehensive interpretation, combining this new data set with available geologic and geophysical data, will also be undertaken by CGG’s in-house interpretation team. Deliverables will include a full geophysical interpretation report, including definition of basement lithology and structure, mapping of sediment fairways and depositional-centers and any intrusives or salt which may be present in the sedimentary section. The final results will be presented in ArcGIS^® format for assimilation into the clients’ own seismic, geological and well control databases. These survey deliverables will provide important insights to exploration and de-risking of prospective areas by oil companies.

Jean-Georges Malcor, CEO, CGG, said: "This airborne gravity and magnetic survey offshore Mexico will be a significant addition to our existing gravity & magnetic database in the Gulf of Mexico where we have over 1,000,000 line kilometers of multi-client data. Combined with our other seismic, geologic and satellite multi-client data in Mexico, this new airborne survey will provide a unique geoscience-rich library to support the successful exploration and economic development of this high-potential area for many years to come.”

Sentinel, a Beier Radio company, has designed and manufactured a new Rudder Feedback Unit (RFU) with many innovative features long sought by the marine industry. Unlike other RFU’s on the market, Sentinel’s new RFU has watertight components and connections that can be flooded in up to one meter of water for a 24-hour period and still provide accurate positioning for control systems.

The unit provides precise rudder position feedback via four non-contact inductive resonance encoders with IP67/IP69K degree of protection. The encoders are mounted in a custom-designed RFU enclosure constructed of 3/8” nominal impact, highly corrosion resistant Vintec I ^® PVC to IP68 standards. The RFU utilizes IP68-rated proximity sensing limit switches providing accurate, non-contact electrical travel limits.

Sentinel manufactured Rudder Feedback Unit.

“Our engineers have designed an RFU that meets the environmental demands of today’s inland and offshore vessels,” says David Lirette, Vice President of Manufacturing for Sentinel Control Division of Beier Radio. “Where other units in the past have been completely damaged by water intrusion, this unit can survive complete submersion and still provide accurate positioning to the control system.”

“RFU design has not changed in more than 30 years, and Sentinel recognized the industry’s need for a more reliable steering system. We spent two years designing and testing multiple prototypes to make a feedback unit that eliminates issues with previous technology, and Sentinel is pleased to now offer this innovative new design to the marine industry,” Sentinel Design Engineer James Cole.

IP67-rated external connectors match factory-supplied cables that are available in five pre-cut lengths, and drilling is not required, reducing installation time. The stainless steel linkage shaft is adjustable from 3” to 15-5/8” length from center of rotation. The RFU has no internal wiring, which eliminates wiring errors and faults. The inductive resonance encoders feature voltage and current outputs that can interface to the majority of steering and dynamic positioning systems available on the market today and are programmable to provide maximum resolution within any span of rotation.

The RFU is designed and manufactured by Sentinel at Beier Radio’s 20-acre facility in Gray, La. Sentinel is an original equipment manufacturer of high quality control and instrumentation products and systems and is an affiliate of Beier Integrated Systems and The Marine Training Institute within the Beier Radio family of companies. Additional Rudder Feedback Unit specifications are available at www.BeierIS.com.

It is not the intent of Sentinel Control to install this unit in a tank or compartment designed to be flooded, however, if the steering compartment becomes flooded, this unit is designed to operate submerged and provide accurate position information allowing the vessel to be maneuvered to a safe area for repair.

Churchill Drilling Tools, a specialist oilfield service company, is enjoying significant growth in the Norwegian market. The company that is known throughout the industry as the dart-activation specialists has been experiencing significant export growth for some time, with the most recent success coming from Norway.

This regional growth has been generated through an expansion of the company’s technical capabilities including a recent upgrade of its circulation tool and additional investment in support staff.

The new features in the 2016 version of the DAV MX™ circulation sub are providing Norwegian operators access to significant performance and productivity gains. In addition, multiple wells in the area are now also insured against sticking with Churchill’s HyPR HoleSaver™, a valuable protection against the cost overruns associated with stuck pipe. These enhanced product capabilities are providing a significant regional boost for Churchill with a number of successful new technology applications.

One application highlight is the Ultra Series Dart (USD), which has enabled Norwegian operators to activate faster while pushing the standard differential pressure operating envelope by up to 50%. The addition of the Emergency Shut-Off Dart (ESD) in the upgrade has also provided operators with a unique way to mitigate risk when they find themselves pushed outside the operating envelope due to challenging well conditions. The USD and the ESD have enabled operators to go beyond what is conventional in the knowledge that they can recover the situation quickly and without any extra trips.

Another highlight is the company’s delivery of its first sequential DAV MX™ configuration for both multi-position and multi-cycle hole cleaning and displacement bypass in a single string. In addition to the sequential complexity and compatibility, the valve systems also sustained activation angles of up to 82 degrees in sections of over 4,000 feet.

Director, Mike Churchill, said: “We are pleased with our recent success in Norway. It is apparent that Norwegian operators are keen to improve performance by using new technology to overcome technical and cost challenges. We are glad we are able to make a contribution. The recent application successes in Norway is a testament to the performance and reliability of the new technologies Churchill will be continuing to roll out globally in 2016.”

Fugro is to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under a contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. The number of vessels as well as the stringent schedule for the work requires complex simultaneous operations.

LBL acoustic positioning networks provide ultra-accurate subsea positioning at Kaombo development

Described by operator Total as ‘a new frontier in Angolan oil and gas,’ Kaombo is a landmark project that presents significant geological and technical challenges. Located in ultra-deep water (up to 2,000 metres), it features pre-lay and as-built surveys, ultra-accurate subsea positioning and metrologies using the largest subsea transponder array ever deployed.

Peter Boon, Fugro’s Business Development Manager for Africa highlights how the company meets the challenges of the simultaneous operations and complex logistics involved in this project. “Fugro and Technip have been working together successfully for many years and our innovative solutions have provided them with reliable data, ensuring successful construction operations. This project is no exception. Our extensive experience in Angola also enables us to support the Kaombo project from our local base with a team that includes competent Angolan nationals.”

The Kaombo project is a development at Block 32, located approximately 260 kilometres offshore Luanda in water depths ranging from 1,400 to 2,000 metres. It includes six fields which will be tied back to two converted FPSOs.

The contract commences in the second half of 2016 and is scheduled to continue until early 2018

In London, Harvey Gulf International Marine has been named Ship Owner of the Year by the Offshore Support Journal, recognizing that Harvey, “above all other companies, has shown excellence in the operation of its ship(s) and has, in the past year, demonstrated an exemplary record of achievement in the management of one or more of business development and growth, of safety, quality, efficiency and environmental sustainability.”

Harvey Gulf also announced that it has signed 5-year charters for 2 more of its LNG-powered Offshore Supply Vessels. The charters will commence upon delivery of the HARVEY FREEDOM and HARVEY AMERICA, the 4^th and 5^th of Harvey’s 6 LNG-powered vessels. The charters come during one of the softest OSV markets in decades, demonstrating a clear advantage for clean burning LNG power.

Harvey Gulf's CEO, Shane Guidry, commented “I am very honored to accept this prestigious award on behalf of Harvey Gulf. It is a testament to the hard work and dedication of all Harvey Gulf employees. It shows our company culture of putting safety first, paying attention to detail, and planning for the future needs of our industry and customers.”