PGS orders fuel-efficient seismic support vessels

Nov. 13, 2012
Petroleum Geo-Services (PGS) has signed charter agreements with PF THOR for four new seismic support vessels.

Offshore staff

LYSAKER, Norway – Petroleum Geo-Services (PGS) has signed charter agreements with PF THOR for four new seismic support vessels.

They will be built at Besiktas in Turkey, owned and operated by PF THOR, and taken by PGS on 10-year time charter contracts, with options for additional extension. Delivery is scheduled for 3Q 2014 onward.

The vessels will provide support for PGS’ seismic fleet, including the new Ramform Titan class ships. They will provide offshore bunkering, crew change assistance, supply of provision and spare parts, and support during in-sea maintenance of seismic equipment.

Capabilities will include ice class 1A, passenger capacity for transporting a full seismic crew, an extra work boat, towing capability, and carrying/transfer of fuel oil at sea.

The propulsion systems, PGS adds, means that the vessels will operate with minimal fuel consumption, enabling fuel cost savings of up to 60% compared with the company’s current vessels.

11/13/2012