The CSV Southern Ocean, which has been on a long-term bare boat charter contract with Fugro since the delivery in 2010, has been redelivered to Oceanteam on November 7, 2017.
The CSV is owned by a joint venture between Bourbon Offshore Norway and Oceanteam.
Oceanteam said on Tuesday that, despite the redelivery, under the amended contract the vessel will remain available for jobs as and when fit to Fugro until the original end date of the contract, which is set for the end of 2018.
The owners and Fugro have initiated a world-wide re-marketing and re-deployment initiative for the CSV Southern Ocean complete with integrated survey and multiple ROV spread.
The CSV Southern Ocean is a DP2 construction support vessel (dynamic positioning class 2) with large cranes (1 x 250 and 1 x 100 tonnes fully heave compensated), 2400 m2 deck space, 10.000 tonnes DWT, extensive accommodation and excellent seafaring capabilities.
These characteristics enable Southern Ocean to be utilized for field support, construction, installation and IRM. CSV Southern Ocean can carry 7.000 tonnes load on deck, combined with in house carousel, reel and engineering capabilities, the vessel can be utilized for a flex lay project in the oil and gas, power and offshore renewables markets.