Bibby Offshore acquires Toisa PolarisVessel & ROV News // November 5, 2012
Aberdeen-based subsea installation contractor Bibby Offshore has announced that it will increase staff numbers by a further 60 as it takes over ownership of the Dive Support Vessel (DSV) Toisa Polaris.
The vessel came under the control of Bibby Offshore in January 2012 on a two-year time charter with options to extend.
This also included a pre-agreed purchase option as part of the deal with Toisa Ltd.
Bibby Offshore has now exercised its option to purchase the vessel and took delivery of Polaris in Stavanger Norway on 31 October 2012. The vessel was named Bibby Polaris.