PGS charters PF THOR seismic support vessels – building in Turkey

Petroleum Geo-Services (PGS) has signed charter agreements with PF Thor for four new seismic support vessels (loa 64.4m) to assist its seismic operations worldwide. The vessels will be built at Besiktas in Turkey, owned and operated by PF Thor and chartered by PGS on 10 year time charter contracts, with options for additional extension.

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PGS charters PF THOR seismic support vessels – building in Turkey

Petroleum Geo-Services (PGS) has signed charter agreements with PF Thor for four new seismic support vessels (loa 64.4m) to assist its seismic operations worldwide. The vessels will be built at Besiktas in Turkey, owned and operated by PF Thor and chartered by PGS on 10 year time charter contracts, with options for additional extension.

The new vessels will provide support for PGS’ fleet of seismic vessels during operation, covering offshore bunkering, crew change assistance, supply of provision and spare parts, as well as support during in-sea maintenance of the seismic equipment.

The vessels are purpose designed for seismic support services in order to improve efficiency at sea for the seismic vessels.

They offer a wide range of capabilities, including ice class 1A, passenger capacity for transporting a full seismic crew, extra work boat, towing capability and ability to carry and transfer fuel oil at sea.

Equipped with modern, efficient propulsion systems the vessels will be performing their tasks with minimal fuel consumption, enabling fuel cost savings up to 60% from the vessels we use today, and further enhancing PGS’ cost efficiency in marine seismic operations.

Delivery of the vessels will take place from Q3 2014 and onwards, replacing older, inefficient, capacity as well as adding necessary support for the new Ramform Titan class vessels, of which the first will be delivered in 2013.

PF Thor advises that the ships have been designed by Skipteknisk in Ålesund in close collaboration with Thor. An agreement has been made for a total of eight ships including four options with Besiktas shipyard in Turkey. The deliveries start in August 2014 with three months intervals between the four vessels. The opitonal vessels will be delivered in 2015 and 2016 – if the options are being declared.

Vessel specifications shows Loa: 64.4 m, beam of 14.50 m and accommodation for 60 persons.