courtesy Master Marine

Master Marine has announced that the first vessel known as "Service Jack 1” has recently been awarded a contract with ConocoPhillips Scandinavia for the Ekofisk Renewal Project. The company is very proud and honoured to enter into this long term co-operation with ConocoPhillips.

Master Marine - an offshore service company specialising in the transportation and offshore installation of heavy structures for the oil and gas industry - currently has two Jack Up Construction vessels being built at the Drydocks World yard in Indonesia, the first vessel will be delivered Q1 2010 and the second vessel Q3 2010.

The vessel has been contracted as a Jack up Accommodation Unit. By utilising the free deck space area the accommodation capacity is increased from 260 beds to 447. In addition the vessel will be outfitted with recreation area, offices, workshops etc. The two large revolving cranes will be replaced by a smaller crane, making the vessel more tailor made as an Accommodation Unit.

The contract award is for a fixed 3 year charter, with the option for additional 24 months extension (2 X 12 months). Contract amount is in access of 260 million Euro and mobilisation will be in July 2010. The new accommodation unit will replace some of the currently operated accommodation vessels/platforms on Ekofisk Complex. The Service Jack unique design offers increased stability and meets the 10.000 year North Sea storm criteria. In addition the new unit will serve as a support vessel for the upcoming “Greater Ekofisk Area” offshore campaigns. In the contract it is stipulated that the unit can be utilised at the Ekofisk Complex, Greater Ekofisk Area and/or the North Sea Business Unit area, meaning any of the ConocoPhillips facilities in the Norwegian and UK sector of the North Sea. This contract illustrates the true versatility that the “Service Jack” represents and the flexibility it offers.

Tags: ConocoPhillips, Master Marine ASA