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island crown to support construction at East Anglia One
island crown to support construction at East Anglia One
A state-of-the-art vessel that allows workers on the East Anglia One Offshore Windfarm to effectively ‘walk to work’ was been contracted by Siemens Gamesa Renewable Energy on behalf of ScottishPower Renewables. The service offshore vessel (SOV), named Island Crown, will provide comfortable living conditions adjacent to the site located 43km off the Suffolk coast by enabling some 40 personnel involved in commissioning the windfarm to live offshore for up to two weeks at time.The vessel was mobilised to Great Yarmouth on June 11 and is being provided by Island Offshore. The contract duration is for 275 days with an option for a further 90, providing work for the vessel until the summer of 2020. It will supplement the daily crew transfers that already take place and increase efficiency on the major infrastructure project. Charlie Jordan, ScottishPower Renewables Project Director for East Anglia ONE, said: “We’re delighted to secure the services of Island Crown through Siemens Gamesa. Given the scale of works involved, this vessel will provide comfortable living conditions, safe access to the 102 Wind Turbine Generators and more efficient working as we look to bring East Anglia ONE on line as quickly and safely as possible. “The windfarm will soon be producing clean, renewable energy for the UK, helping to meet the nation’s bold carbon reduction targets and this contract award is another significant part of that journey.” Andrew Elmes, Project Manager for Siemens Gamesa, said: “We are delighted to be able to bring on the Island Crown to support our wind turbine installation contract on the East Anglia ONE project.  This builds on the highly positive experience SGRE has had to date with the vessel and allows us to provide a familiar, safe and comfortable working environment for our commissioning teams.  Given the new High Voltage technology on this project, working alongside our customer on this SOV will allow better collaboration in the commissioning phase, increasing the effectiveness of our offshore work to get the turbines on line more quickly.” Håvard Ulstein, Managing Director in Island Offshore Management AS, said: “We are very pleased to have secured more work for Island Crown with Siemens Gamesa. This new contract provides stability both for our crew and for us as owners, as well as saved time in terms of familiarisation for both Island Offshore and Siemens Gamesa.  For the past 11 months Siemens Gamesa has proved to be an excellent charterer and collaborating partner, and we look forward to continue our good relationship with the company.” Construction is already under way at ScottishPower Renewables £2.5bn East Anglia ONE offshore windfarm, located 43km off the Suffolk coast. It will see 102 Siemens Gamesa turbines deployed each with a capacity of 7 megawatts, which could in total provide enough clean energy to power the equivalent of more than 630,000 homes annually. East Anglia ONE is the first of four offshore windfarms ScottishPower Renewables is developing in the region. The Island Crown has performed walk-to-work services at oil, gas and wind installations since delivery in 2013. The vessel is 96.8 meters long and 20 meters wide with accommodation for a total crew of 100 persons on board. It is equipped with a gangway system, subsea crane, large tank capacity and a cargo deck area of 561m2. It also comes with a helicopter platform allowing faster transfer of technicians if required. Ends   For more information, please contact; ScottishPower Renewables Stephanie Todd, UK Media Manager ScottishPower
Tel. 0141 614 4583.
s.todd@scottishpower.com Siemens Gamesa Andrew Elmes Senior Project Manager - East Anglia ONE Offshore Wind Farm                                                           Mobile: +44 (0)7921 245193
andrew.elmes@siemensgamesa.com Island Offshore Management AS Håvard Ulstein, Managing Director
Tel. (47) 70 40 00 21
havard@islandoffshore.com or Marianne Hovden, Communications Manager
Tel. (47) 70 40 00 60
marianneh@islandoffshore.com
Notes to Editors About East Anglia ONE: East Anglia ONE will see 102 wind turbines installed in the southern North Sea, approximately 30 miles off the coast. The overall investment will be in the region of £2.5 billion, and the project is planned to meet the annual electricity demands of the equivalent of almost 630,000 homes*. East Anglia ONE Offshore Windfarm project is likely to include: Offshore wind turbines and foundations (102 wind turbines to provide an installed capacity of 714 megawatts). An offshore substation to collect the electricity from the turbines and transform it to a form suitable for transfer to shore. Two offshore export cables, each around 85 km in length, to transfer the electricity to shore. A landfall site with onshore transition pits to connect the offshore and onshore cables. Six onshore underground cables, each of around 37 km in length, to transfer the electricity from landfall to an onshore converter station. An onshore substation adjacent to the existing substation at Bramford, Suffolk, to connect the offshore windfarm to the National Grid. *Based on the following calculation: 714 MW (installed capacity) x 0.3836 “offshore wind” average load factor (Digest of UK Energy Statistics) x 8,766 hours (hours per year)/3,781MWh (average domestic annual consumption) = 634,997 homes powered equivalent About ScottishPower Renewables ScottishPower Renewables is part of Iberdrola, a world leader in clean energy with an installed capacity of over 28,000MW, and the leading wind energy producer worldwide.  Responsible for progressing Iberdrola’s onshore wind and marine energy projects in the UK, ScottishPower Renewables also manages the development, construction and operation of offshore windfarms throughout the world and currently has 40 operational windfarm sites producing over 2,000 MW. About Island Offshore The Island Offshore Group is currently operating a fleet of 25 vessels operating on a worldwide basis. The fleet segments ranges from Platform Supply, Walk-to-work, Anchor Handling, Subsea Construction to Well Stimulation and Light Well Intervention vessels. In addition, the Group has one deep water installation vessel under construction.  
19.06.19 16:12
ISLAND WELLSERVER CONTINUES TO WORK FOR EQUINOR
ISLAND WELLSERVER CONTINUES TO WORK FOR EQUINOR
Island Offshore and TIOS will continue as supplier of light well intervention services (LWI) for Equinor, with a new agreement signed for the use of Island Wellserver. The vessel has been working for Equinor, former Statoil, since April 2009, and by commencement of the new contract in 2020 Island Wellserver will be into its twelfth year for the same client.The new agreement implies that Equinor extends the existing contract with one year, with options for 3x1 additional years.This will give Island Wellserver continuous work for a minimum of 200 days a year, equivalent to today’s contract. “The last few years have really put us to the test, but as owner and operator within light well intervention we have asserted that this segment is viable. This contract proves that our services are needed,” states Managing Director of Island Offshore Management AS, Håvard Ulstein. “We are very pleased to obtain renewed trust with Equinor, and we are confident that we will keep the vessel in operation for more than 200 days a year on the Norwegian continental shelf.” In 2018 Island Offshore and TechnipFMC entered into a strategic collaboration agreement to deliver RLWI services on a worldwide basis. At the same time TechnipFMC acquired a 51% stake in Island Offshore’s wholly owned subsidiary, Island Offshore Subsea AS. This company is now named TIOS AS and is the contracting party with Equinor, while Island Offshore is the supplier of vessel with maritime crew. Vessels for light well intervention, also called mobile offshore units (MOU), are important tools to increase the recovery from oil wells in service. Not only are they safer, but they are also more efficient and cost-effective than conventional rigs. Since the start-up Island Wellserver has carried out more than 250 well interventions! Island Offshore also owns and operates the two MOUs Island Frontier and Island Constructor.   For more information, please contact Island Offshore Management AS: Håvard Ulstein, Managing Director Tel. (47) 70 40 00 21 E-mail: havard@islandoffshore.com Or Marianne Hovden, Communications Manager Tel. (47) 70 40 00 60 E-mail: marianneh@islandoffshore.com      
18.03.19 15:53
Island Clipper has secured a three- year W2W contract
Island Clipper has secured a three- year W2W contract
Island Clipper has secured a three-year agreement with Equinor as combined PSV and walk to work vessel. The vessel will be equipped with battery package, shore connection and gangway which can be mobilized on short notice.Commencement of the contract is 1st of April 2019, and it includes options for up two additional years. Island Clipper is arranged to operate as an accommodation vessel during maintenance work at Equinor’s installations, and can accommodate 60 persons. “This is a very exciting project for us, and it is especially gratifying to be awarded such a long term contract after some tough years in the offshore market. With Island Clipper, we have four platform supply vessels which has been adapted for walk to work-duties, and this proves that our belief in this segment was entirely right, says Håvard Ulstein, Managing Director of Island Offshore Management AS. In addition to Island Clipper, Island Offshore owns the three walk to work vessels Island Crown, Island Condor and Island Diligence.   For more information, please contact:   Håvard Ulstein, Managing Director, Tel. (47) 70 00 00 21,  E-mail: havard@islandoffshore.com or Marianne Hovden, Communications Manager, Tel. (47) 70 40 00 60                                                                                                  E-mail: marianneh@islandoffshore.com
26.10.18 16:45
One year extension for Island Commander
One year extension for Island Commander
Island Commander has received a one year extension on its contract with Lundin.  Originally it was Island Dragon who was awarded the contract on the Edvard Grieg field but due to a change in need for Lundin, Island Dragon was replaced with Island Commander.   Island Commander entered into the contract on the 8th of February 2016 and has been on hire since.   “We are very pleased for the confidence Lundin is showing us. Lundin is an important customer to us and we appreciate the good relationship we have established throughout the years,” says chartering manager Hallgeir Reitan.   For more information, please contact:   Hallgeir Reitan, Chartering Manager Tel. (47) 70 00 86 23 E-mail: hallgeir@islandoffshore.com                                
19.10.18 16:15
One year extension for island Challenger
One year extension for island Challenger
Island Offshore is pleased to announce that Island Challenger has secured a one year extension + options on their contract with Repsol, commencing 22nd of November. Island Challenger entered into the existing contract with Talisman in November 2013, five years firm, and now Repsol is the operator of the same installations. Island Offshore look forward to cooperating with Repsol in the time to come, hoping it will be a long and fruitful relationship. For more information, please contact:   Hallgeir Reitan, Chartering Manager Tel. (47) 70 00 86 23 E-mail: hallgeir@islandoffshore.com
07.09.18 17:33
Oceangate Expeditions has Selected Island Offshore as the Preferred Partner for 2019 Titanic Survey Expedition and Ongoing Deep Sea Exploration
OceanGate Expeditions, a provider of manned submersible and specialty expeditions, has selected Island Offshore, as their preferred partner for deep sea exploration. As part of the agreement, a vessel from Island Offshore’s fleet of Subsea Construction and Accommodation Vessels will be used as the primary topside support vessel for the 2019 Titanic Survey Expedition. Read the full press release here: http://oceangate.com/news/press-releases/2018-08-20-oceangate-expeditions-has-selected-island-offshore-as-the-preferred-partner-for-2019-titanic-survey-expedition-and-ongoing-deep-sea-exploration.html
24.08.18 12:36
Ocean Infinity to charter Island Pride
Ocean Infinity to charter Island Pride
Ocean Infinity has agreed a seven year contract with Island Offshore for Island Pride.  The vessel will expand Ocean Infinity’s platform for AUV data acquisition and analysis, and support a variety of operations globally.  Press release from Ocean Infinity: Since its launch in July 2017 Ocean Infinity has developed the next generation of undersea data gathering techniques. Over the course of the last 12 months the systems and processes used by Ocean Infinity have changed materially from the initial operational concepts and ideas.  Today, no one else in the world leverages underwater technology in the same way.  Ocean Infinity’s innovative, dynamic and cost-effective approach to undersea data is of relevance to everyone who has a need or desire to better understand the ocean and seabed environment whether they be from the military, government or commercial sectors.  Island Pride is a multi-functional subsea support and construction vessel of UT 737 design. 103 metres in length with a beam of 21 metres and free deck space of 880m2.  Equipped with deep water crane and two work-class ROVs Island Pride is well suited to Ocean Infinity’s operations.  It is the ideal platform from which to run a highly technology focused operation. CEO Oliver Plunkett of Ocean Infinity commented, "We are very excited to have agreed this charter with Island Offshore. Given our success in the market and our clear path to future growth we felt it was important to expand by partnering for the long term.  Island Offshore have proved to be a great vessel owner to work with and we look forward to a long and successful relationship as our business continues its rapid expansion." Havard Ulstein, CEO Island Offshore, commented “This charter is a clear statement of confidence in our vessel, crew and the long term stability of our business. We are thrilled to join Ocean Infinity as they push the boundaries of technology and that they chose us to support them in that goal.” Ocean Infinity is a technology company who specialize in the merging of big data and subsea technology. Our comprehensive subsea solution can collect and process data from one vessel. With multiple autonomous vehicles working simultaneously and AI deep learning, critical information is provided quickly and efficiently. We operate in shallow and deep waters while working in dynamic environments ranging from the tropics to under Antarctic ice, delivering accurate results to use for seabed intelligence. Island Offshore is a leading provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels. The Island Offshore Group is privately owned and comprises a group of ship owning and management companies. The Island Offshore Group is currently operating a fleet of 26 vessels ranging from Platform Supply vessels, Anchor Handling Vessels, Subsea Construction Vessels to Light Well Intervention Vessels. In addition, the Group has one vessel under construction.   Contact Information For more information explore oceaninfinity.com or follow us on (@OceanInfinityAUV, #seabedintelligence, #AUV, #USV) Marketing & Press Release questions contact Jennifer White +1 (985) 520-2365 or Jennifer.white@oceaninfinity.com America’s                                                            Europe, Africa and Asia                                                  +1 (346) 330 -7000                                          +44 203 884 0900  
09.07.18 10:43
LNG- powered platform supply vessels for Lundin Norway
LNG- powered platform supply vessels for Lundin Norway
Once again Lundin Norway has chosen Island Offshore’s LNG-powered platform supply vessels (PSV) for its operations on the Norwegian continental shelf.“Lundin Norway is a customer that makes demands on as well as challenges their suppliers, and we appreciate that. Choosing vessels fuelled on pure LNG is characteristic of Lundin Norway’s environmentally conscious attitude and demonstrate that they take responsibility in reducing harmful emissions”, says Håvard Ulstein, Managing Director of Island Offshore Management AS. Island Offshore was a pioneer of LNG as a fuel for platform supply vessels (PSV) when ordering the two vessels; delivered in 2012. The UT 776 CDG hullform has a low resistance over a wide speed range, and the Island Offshore vessels can in practice run on gas alone at almost all speeds. In moderate weather conditions the vessels are DP2 compliant with two gas engines supplying all the power required. Two large main lean burn gas engine gensets, type Bergen C26:33L9AG, each with an output of 2,102kWe, and two smaller C25:33L6ACD diesel engine gensets each rated at 1,843kWe were carefully selected to optimise efficiency across the operation profile of the vessels with the objective of running on LNG fuel whenever possible. “We highly appreciate having Lundin Norway as a customer and the good cooperation concerning environmentally beneficial operation of the vessels is especially gratifying,”, says Ulstein. “Island Offshore chose pure LNG engines for maximum reduction in emissions. Total equivalent CO2 reduction is about 25% compared with engines burning heavy fuel. These engines also reduce NOx levels by about 90% compared to diesel engines, while particulate and SOx emissions are negligible”, Ulstein continues. A positive side effect of gas fuel is clean engine rooms and reduced engine maintenance. Engine lube oil remains clean and has a very long life, and absence of oil fuel purifiers means that there is little sludge to dispose of. Caption: Håvard Ulstein in the engine room of Island Crusader                                 Photo credit: Kjetil Haanes For more information, please contact: Managing Director Håvard Ulstein Tel. (47) 70 40 00 21

23.03.18 12:56
TechnipFMC and Island Offshore enter into a strategic collaboration agreement within Light Well Intervention
TechnipFMC and Island Offshore enter into a strategic collaboration agreement within Light Well Intervention
LONDON, PARIS, HOUSTON, February 01, 2018 — TechnipFMC (NYSE: FTI) (PARIS: FTI) has signed an agreement with the Island Offshore group to acquire a 51% stake in Island Offshore’s wholly owned subsidiary, Island Offshore Subsea AS. Island Offshore Subsea AS provides Riserless Light Well Intervention (RLWI) project management and engineering services for plug & abandonment (P&A), riserless coiled tubing and well completion operations. Island Offshore Subsea AS employs approximately 80 staff.Island Offshore Subsea AS has developed proprietary designs related to subsea P&A and riserless coiled tubing. In connection with the acquisition of the controlling interest, TechnipFMC and Island Offshore will enter into a strategic cooperation agreement to deliver RLWI services on a worldwide basis, which will also include TechnipFMC’s RLWI capabilities. Island Offshore Subsea AS will be rebranded and become the operating unit for TechnipFMC’s RLWI activities worldwide.   Morten Ulstein, Chairman of the Island Offshore Group, stated: “Over the years we have had a rewarding cooperation with TechnipFMC, and we now see that an even closer integration of our companies and services is right to further develop and strengthen our position within RLWI, both in Norway and internationally.”   Hallvard Hasselknippe, President of TechnipFMC’s Subsea business, stated: “We are now able to deliver a complete range of RLWI services to markets, globally. Our current track record delivering RLWI services together with Island Offshore has significantly increased production from more than 500 subsea wells.”   Odd Strømsnes, Vice President of Offshore Integrated Services at TechnipFMC, will be the Managing Director of Island Offshore Subsea AS.   The agreement with TechnipFMC is subject to the satisfaction of certain closing conditions.   ###   Important Information for Investors and Securityholders Forward-Looking Statements This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from the Company’s historical experience and present expectations or projections. These risks, uncertainties and assumptions relate to, among other things, the Company’s ability to consummate the proposed transaction with Island Offshore Subsea AS, including the satisfaction of the conditions to consummation of the transaction; the Company’s ability to successfully integrate Island Offshore Subsea AS’ operations and employees as well as to work with a minority partner in Island Offshore Subsea AS; the Company’s ability to realize anticipated synergies and cost savings from the transaction with Island Offshore Subsea AS; and the potential impact of the announcement or consummation of the transaction with Island Offshore subsea AS on relationships, including with employees, suppliers, customers and competitors of the Company and Island Offshore Subsea AS . For additional information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Registration Statement on Form S-4, Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.   We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law. ###   About TechnipFMC TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics. We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources. Each of our more than 40,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC. Contacts

Investor relations Matt Seinsheimer Vice President Investor Relations Tel: +1 281 260 3665 Email: Matt Seinsheimer Phillip Lindsay Director Investor Relations Europe Tel: +44 203 429 3929 Email:  Phillip Lindsay James Davis Senior Manager Investor Relations Tel: +1 281 260 3665 Email: James Davis Media relations Christophe Belorgeot Vice President Corporate Communications Tel: +33 1 47 78 39 92 Email: Christophe Belorgeot Delphine Nayral Manager Public Relations Tel: +33 1 47 78 34 83 Email: Delphine Nayral       ###   About Island Offshore  Island Offshore operates a modern and versatile fleet of 25 advanced and high quality service vessels for the offshore oil industry. The company has taken a leading position within attractive market segments such as platform supply, anchor handling, walk-to-work, well stimulation, subsea construction and light well intervention. The main office of Island Offshore Management AS is situated in Ulsteinvik, Norway, while subdivisions in Stavanger, Norway, and Aberdeen, UK, supports LWI operations. In addition a crewing department is established in Lisbon, Portugal.  The fleet works on a worldwide basis.
  Contacts  Håvard Ulstein, Managing Director Mob.: +47 99 23 50 39 Email: havard@islandoffshore.com Or Marianne Hovden, Communications Manager Mob.: +47 95 14 39 30 Email: marianneh@islandoffshore.com  
01.02.18 23:12
TERMINATION OF ISLAND NAVIGATOR CONTRACT
TERMINATION OF ISLAND NAVIGATOR CONTRACT
Kawasaki Heavy Industries, Ltd. (KHI) announced today that the company has decided to terminate, by agreement with Island Navigator I KS, its shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator.The yard state that is has been facing difficulties in its engineering process as well as with increases of material costs since the contract was signed. Combined with a common understanding that the environment surrounding the offshore development industry is, and will be, severe and unpredictable in the period of the Vessel’s remaining construction, and the ongoing financial restructuring of the Island Offshore Group, KHI and Island Offshore reached a mutual agreement to terminate the shipbuilding contract for the Vessel. “The Island Navigator would have been a fantastic vessel. Going forward we choose to develop our existing Light Well Intervention vessels which still is the leading and most modern vessels within its niche,” says Håvard Ulstein, Managing Director of Island Offshore Management AS. The termination will not have any negative economical consequence for Island Offshore. Provided that the banks which finance the project consent, the termination will be implemented in January 2018.   For more information, please contact Island Offshore Management: Håvard Ulstein, Managing Director Tel. (47) 992 35 039 E-mail: havard@islandoffshore.com  
26.12.17 13:49