Ocean Yield delivers Geco Triton

Published

Ocean Yield delivered the survey vessel Geco Triton to Schlumberger subsidiary WesternGeco, netting US$8.2 million for the vessel.

Geco Triton was built in 1991 and remains under a charter arrangement to WesternGeco until December 2015. 

The firm has also increased a loan facility by US$50.5 million. 

The loan will be used to fund the equity portion of investments in vessels and for general corporate purposes. 

Ocean Yield is a ship owning company with investments within oil-service and industrial shipping. The company focuses on modern assets with long-term charters to solid counterparties. 

Current News

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Norway Offshore Workers, Employers Avert Strike By Entering Mediation

Norway Offshore Workers, Emplo

ADNOC’s XRG Expands Stake in Rio Grande LNG Project in Texas

ADNOC’s XRG Expands Stake in R

Vattenfall Installs First Monopile on Germany's Largest Offshore Wind Farm

Vattenfall Installs First Mono

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine