Norway-based Rem Offshore (OSE: REM) has introduced new long-term contracts value US $140 million (NOK 1.5 billion), doubling the offshore vessel provider’s contract backlog.
Rem Inspector has been awarded contracts for offshore wind initiatives in Taiwan, with a complete period of simply over 1 yr beginning in This autumn 2023. The subsea vessel, inbuilt 2013, has been concerned in gangway providers and commissioning of offshore wind farms since 2019.
The subsea vessel Rem Saltire has secured a 2-year contract for world node seismic and ROV providers with a global seismic provider.
Rem Mira has prolonged its contract with Serica Power till This autumn 2026, whereas Rem Insula and Rem Cetus have prolonged their contract with Apache till Q1 2025. The provision vessels will proceed to assist their charterers’ operations on the UK continental shelf.
Rem Star and Rem Artwork have prolonged their contracts with Equinor ASA for two years and have ongoing contracts till 2025. The vessels will assist operations on the Norwegian continental shelf. There are nonetheless 3 annual choices accessible after 2025.
Rem Offshore stated the contracts will guarantee excessive fleet utilization within the coming years and brings the corporate’s complete backlog to NOK 3 billion.
“It’s gratifying to notice that the contracts replicate each right this moment’s market and the vary of providers we will provide to our good prospects,” says CEO Lars Conradi Andersen. “We’re solidly positioned in a number of segments with a contemporary and environmentally pleasant fleet, and together with nice effort from our workers, we proceed to be a most popular delivery firm.”
