Hallin secures contract for Ullswater
Contracts, Tenders and Rates - September 15, 2009
Hallin Marine has been awarded a subsea IMR contract by Pertamina Hulu Energi ONWJ Ltd, a subsidiary of Indonesia’s state owned energy company.
The contract will see Hallin’s subsea vessel Ullswater engaged in the Java Sea, Indonesia.
The contract will involve Hallin in the subsea inspection, maintenance and repair of 34 offshore oil and gas platforms and associated pipelines and subsea infrastructure.
Hallin will provide a package of assets and personnel and deploy the full range of Hallin’s services: project management; engineering; air and saturation diving; Remote Operated Vehicle (ROV) operation; and vessel operations.
The contract value is US$20 million, divided equally across campaigns in both 2009 and 2010. The client may additionally call on a variety of options, which offers facilities for extra, chargeable call off work.
The timing of the new contract makes efficient use of the early completion of the contract that Ullswater has been working on in the Philippines, where the client has paid an early termination fee to the company after its vessel requirements on the project changed.
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