PT Seascape Surveys Indonesia has been awarded a two years long contract, with a one year option, to provide offshore Inspection, Repair and Maintenance (“IRM”) services to a major Indonesian based upstream oil and gas operator.
The estimated contract value for the initial term is USD 55 million and will utilise the Indonesian flagged DP2 vessel, M.V. ‘Endeavour’, which is on long-term charter to Seascape. Seascape will be directly providing full service air diving and remotely operated vehicle (“ROV”) spreads for this IRM campaign through in-house resources.
“For Seascape, this is our first diving contract, which will be performed directly by Seascape through in-house resources. We believe this a tremendous accomplishment for Seascape and appreciate the trust that our client has in Seascape to undertake this project”, said Peter Reichlmeier, Managing Director of Seascape.
September 16, 2013