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GC Rieber subsea ship orders mark "acceptance"


Published Jan 16, 2009
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GC Rieber, StatoilHydro form new company
courtesy Technocean

A contract with Total in West Africa and one with electromagnetic survey company Petromarker have become charters worth 80 million kroner ($14.3 million) for Singapore-based GC Rieber Shipping and its Bergen-based light subsea construction business Technocean.

Technocean has secured work for the Polar Prince at least until April and possibly six months beyond at a Congolese field of Total's. The Polar Prince and Polarbjørn will both provide supply inspection, maintenance and repair services.

Norway-based electromagnetic service company Petromarker has hired the "Polarbjørn" subsea-vessel for three months from April 2009, although spot market work is in the offing until then.

"We are pleased to observe that Technocean now is awarded a contract from one of the large oil companies and thus become accepted as an international subsea contractor," stated company boss Sven Rong of GC Rieber. He didn't elaborate.

Tags: GC Rieber Shipping ASA, Petromarker, Technocean



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