Solstad Offshore ASA (SOFF), through its wholly-owned subsidiary Norce Offshore Pte Ltd, has signed a contract with Chevron Offshore (Thailand) Ltd, Chevron Thailand Exploration and Production Ltd. and Chevron Pattani Ltd. (together Chevron) in Thailand using the derrick-lay barge (DLB), Norce Endeavour, for their annual campaigns.
The DLB will install multiple new wellhead platforms for Chevron in the Gulf of Thailand. The contract is firm for the 2014 campaign, with options for 2015 and 2016. Including mobilization, demobilization, and transit the estimated annual utilisation of the Norce Endeavour will be in the range to 60 – 100 days depending on the number of platforms to be installed.
SOFF will provide project management, engineering, procurement, and logistics to support the work through its DLB Marine Projects group in the Singapore office.
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