Otto Marine names multi-purpose OSV Norshore Atlantic

3 March 2014 (Last Updated March 3rd, 2014 18:30)

Offshore marine company Otto Marine has named its multi-purpose offshore supply vessel (OSV) Norshore Atlantic, at its Batam Shipyard, Indonesia, on 28 February.

OSV

Offshore marine company Otto Marine has named its multi-purpose offshore supply vessel (OSV) Norshore Atlantic, at its Batam Shipyard, Indonesia, on 28 February.

Norshore Atlantic is an efficient and environmental friendly multi-purpose drilling vessel, built to the MT6022XL Norwegian design.

The vessel is equipped with dynamic positioning three (DP3) capability, an onboard remotely operated vehicle (ROV) system, a 150T AHC, offshore cranes and a drilling derrick.

The vessel is designed to perform riserless drilling operations and can perform plugging and abandonment of old wells, well completion work, well intervention and subsea construction work, in shallow and deep water depths ranging from 70, to 3,000m.

"We have demonstrated that our yard is capable of constructing ultra-large, highly sophisticated vessels."

Otto Marine CEO Garrick Stanley said the completion of the Norshore Atlantic is a significant milestone for the company and for the OSV industry in the Asia Pacific region.

"Through Norshore Atlantic and the recently delivered Go Phoenix, we have demonstrated that our yard is capable of constructing ultra-large, highly sophisticated vessels," Stanley said.

Norshore Atlantic will service Asian waters, following which it will be used by an oil major for three years.

Stanley said the learning curve in the construction of complex vessels will be put to good use as the group plans to expand its chartering services.

"Our enhanced technical capability will also serve us well in securing third party contracts to construct offshore support vessels, particularly for the buoyant cabotage Indonesian market. The group looks forward to more successful deliveries of ultra-large offshore support vessels in the near term," Stanley added.


Image: Norshore Atlantic is an advanced offshore construction drilling vessel. Photo: courtesy of Otto Marine Limited.