Tidewater scores PSV work with Spirit Energy

Tidewater

Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway.

Offshore shipbrokers stated the 2013 Vard-built PSV won a fixture for around 100 days with Spirit Energy. It will provide supply duties for the plug and abandonment jackup rig Well-Safe Protector.

Well-Safe Solutions was awarded two contracts on the UK Continental Shelf for Spirit Energy and an additional global operator in November last year.

The deals were for the Well-Safe Protector jackup and Well-Safe Defender semisub fixed for a combined 170 days of firm work, with options for a further total duration of up to 140 days in 2025 and 2026.

Spirit Energy booked the jackup to decommission five wells on the York platform in the Southern North Sea over 97 days.

The firm scope was originally planned to start in the second quarter of 2025, with two optional subsea wells to be decommissioned in direct continuation or deferred until a later date. However, shipbrokers claim that the PSV will start work in mid-July.

Source: Splash247.com

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.