VARD signs contract with Island Offshore for Hybrid Ocean Energy Construction Vessel

VARD has signed a very important contract for the design and construction of one state-of-the-art hybrid power Ocean Energy Construction Vessel (OECV) for the Norwegian shipping group Island Offshore. The parties have also agreed on an option for two more vessels.

VARD signs contract with Island Offshore for Hybrid Ocean Energy Construction Vessel

Island Offshore is a Norwegian shipping group operating in the Oil and Gas and Renewable markets. Island Offshore Management AS, a leading provider of advanced marine operations, today operates a fleet of 19 vessels. In 2020/2021 Island Offshore took delivery of three vessels from VARD, including the Island Victory, and now once again choose VARD as their preferred provider to the fleet renewal program.

- We are proud to present the next generation OECVs with versatile capabilities that will ensure long-term employment as the energies of the ocean evolve. We strongly believe in the vessel concept and look forward to presenting the vessel to our clients, says Morten Ulstein, Chairman of Island Offshore.

The vessel is of VARD 3 25 design developed in close collaboration between Island Offshore and VARD.

The vessel is designed for best possible station-keeping, maneuverability, and sea-keeping abilities. The design allows for flexible configuration and versatility depending on the specific operations to be performed. The hull is optimized for efficient operations, and the vessel is also prepared for alternative low emission fuel.

The vessel will undertake subsea operations including IMR (inspection, maintenance, and repair), pipe laying, subsea infrastructure construction and installation, diving support, and equipment for remotely operated underwater inspection. Further, the vessel is prepared for renewable work scopes such as walk-to-work, commissioning, cable laying and repairs, trenching and survey. The vessel is also prepared for installation of a gangway system and has a heave compensated offshore subsea crane of 250 tons.