AET names shuttle tanker chartered to Statoil

Singapore’s AET has named its newest vessel, a 120,000 DWT DP2 shuttle tanker “Eagle Bergen”, which is fixed on a long-term charter to the Norwegian oil and gas major Statoil, to provide shuttle tanker services for its oil production on the Norwegian continental shelf.

“Eagle Bergen” is the second of two vessels built by Samsung Heavy Industries to the standards required to operate on the Norwegian continental shelf.

A shuttle tanker is a vessel used for offloading of oil from offshore installations, as an alternative to constructing oil pipelines.

The new vessel is owned and commercially managed by a joint venture company AET Sea Shuttle AS, which is formed between AET, and ADS Shipping Limited of Norway. The vessel is technically managed by OSM Maritime Group, a sister company of ADS.

The naming ceremony was held Friday, September 4, in Stavanger (Norway).

AET chairman, Datuk Nasarudin bin Md Idris said: “Today is a momentous occasion for AET. It represents the culmination of much hard work and the cementing of relationships between our company and two very special partners: Statoil and OSM Maritime Group. AET continues to broaden its operating footprint and capabilities. Alongside our traditional crude oil operations and our lightering activities, we now operate DP capable vessels in the Brazilian Basin, the US Gulf and the North Sea”.

The chairman of ADS Shipping and OSM Maritime Group, Bjørn Tore Larsen, said: “We are delighted to be investing in “Eagle Bergen” and “Eagle Barents”, and being a part of a team that brings a new, major player into the North Sea market. Like AET, we also believe in the strategic importance of creating long-term partnerships that build value for all those involved. Aligning ourselves with companies that share our business outlook will create synergies and mutual advantage for us all. I look forward to a long and fruitful partnership with AET and Statoil.”

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