Hydro, Bourbon Strike Three-year Deal for Orca

Hydro has entered into a three-year agreement regarding use of the Anchor Handling Tug Supply Vessel (AHTS) "Bourbon Orca." The contract is valued at around NOK 250 million.

The contract with Bourbon Offshore Norway also includes three one-year option periods. Consequently, the total value of the contract can be around NOK 500 million.

The vessel Bourbon Orca will continue with a task it is already carrying out for Hydro. Along with the vessels "Skandi Admiral" and "Bourbon Surf" it will form a pool of support vessels operating out of Mongstad, north of Bergen.

While the Skandi Admiral is used to a large extent in the northern areas, the two Bourbon vessels play a key role in Hydro's operations in the North Sea.

The Bourbon Orca has the "Ulstein AX104" design, known for its special hull shape and bow formed in the shape of an axe, that together create the so-called Ulstein X-Bow that cleaves the waves.

With its excellent properties in areas such as safety during anchor handling and crane operations, seaworthiness, towing, and energy consumption, the vessel will make a valuable contribution to Hydro's marine operations from the Mongstad base.

The contract was awarded following ordinary competitive bidding.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.