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Fairstar Wins New Contract for the OAGM Project

Source: www.gulfoilandgas.com 3/29/2012, Location: Africa

Fairstar Heavy Transport N.V. (FAIR) has signed a contract with Aveon Offshore Limited to provide marine transportation services for the Chevron OAGM project in Nigeria. The FJELL will transport two power barges from the Bonny River in Nigeria to the Escravos Area. The contract value is USD 1.2 million and the total operation is expected to require about 12 days.

The FJELL is currently en route to Angola with the Hercules 185 and will proceed to Port Harcourt immediately after discharging the rig in Luanda at the end of April. The FJORD has arrived in Okpo, South Korea and will discharge the CLOV FPSO components on board at the DSME yard. FJORD will then enter a dry dock facility nearby and prepare its wetsides, topsides and ballast tanks for Australian Quarantine compliance. FJORD will go on contract for the Gorgon LNG Project in May.

Willem Out, Chief Operating Officer at Fairstar, highlighted the importance of these fleet developments, saying “The FJELL will be demonstrating its special qualities to return these power barges into service at Escravos. The shallow draft of the vessel and its very strong deck and frame give FJELL performance features critical for the safe and reliable execution of this transportation. These concrete power barges had been previously transported by Fairstar last year with the FJORD. FJORD arrived at the DSME yard in Okpo after a safe voyage from Angola. Once the FPSO components on board her deck have been lifted off, the FJORD will get ready for Gorgon. FJORD has been selected to transport the first modules to Barrow Island for Gorgon in May.”

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