Deep Sea Supply has announced multiple contract awards with an international major subsea contractor for a total duration of approximately 1000 vessel days.
The three PSVs of PX105 design - Sea Spider, Sea Springer and Sea Spark - have been awarded contracts for ten, ten and four months, respectively. The AHTS Sea Lynx has been awarded a contract to be performed in two phases; first phase 40 days and second phase 250 days. Commencement is expected to be November 2014 for the three PSVs and phase 1 for Sea Lynx and May 2015 for phase 2.
The Sea Lynx.
The three PSVs are 50% owned by Deep Sea Supply Plc through Deep Sea Supply BTG BV, and the AHTS Sea Lynx is 100% owned by Deep Sea Supply Plc.
New research from Douglas-Westwood predicts a global deepwater expenditure of US$ 167 billion between 2010 and 2014 - up 37% on the preceding five years.