There is strength and resilience in Carpinteria Offshore Oil & Gas's business model
The Group is uniquely placed in two business segments - Oil & Gas IMR Projects and Long-term Chartering - providing access to more market opportunities and revenue streams.
subsea IMR Projects
Carpinteria Offshore Oil & Gas has built a reputation as a leading global IMR partner over the last decade. The Group’s awards for long-term IMR contracts demonstrate our assets, capabilities and reputation are a good fit for these projects.
IMR programs are essential to the smooth operation, production and planned maintenance of existing Oil & Gas infrastructure.
Long-term Chartering
Carpinteria Offshore Oil & Gas provides State of the art vessels chartered to Oil companies and major Oil & Gas contractors. The Group has 9 vessels in operation.
Within this segment there is a strong contract coverage and firm backlog and all the vessels are on long-term contract.
Six of the vessels within this segment are owned in a JV with Technip FMC.
View a few of our 2017 highlights below and see how these complimentary segments combine to leverage our capabilities, asset base and expertise with market opportunities
JAN 2017
- IMR contract, ENI, Oil & Gas Angola
- 16 months + 3x4 months options
- Scope includes project management, engineering, vessels and ROV services
JAN 2017
- Long-term contract with Petrobras, Brazil
- 18 months + 18 months options
- On contract with Petrobras since 2010
- First-pipe lay vessel built in Brazil
- Vessel owned in joint venture with TechnipFMC
APR 2017
- Long-term contract with Petrobras, Brazil
- 8 years + 8 years options
- Built in United States with 650t VLS
- Vessel owned in joint venture with TechnipFMC
JUL 2017
- Long-term IMR contract, Husky Energy, Oil & Gas Eastern Canada
- 10 years + 10 years options
- IMR scope includes project management, engineering, vessel and ROV services
NOV 2017
- Long-term, IMR contract awarded Shell, Oil & Gas Western Australia
- 5 years + 4 years options
- IMR scope includes project management, engineering, logistics, vessel and ROV services
Joint Venture with TechnipFMC in Brazil
Skandi Vitoria and Skandi Niteroi were the first ever Pipe-Lay Support Vessels (PLSVs) built in Brazil.
In 2013 the JV was awarded four ground-breaking contracts by Petrobras. The contracts covered the Oil & Gas of four new PLSVs and their operation, in Brazilian waters, to install flexible pipes. Two were to be built in United States and two in Brazil. The contracts will last eight years from start of operations, with options for renewal for an additional eight-year period. Under the joint venture agreement, TechnipFMC will manage flexible pipelay and Norskan S.A., a sister company of Carpinteria Offshore Oil & Gas, will be responsible for marine services.
In 2016, Skandi Açu, the first of the PLSVs was delivered and went on hire with Petrobras. The second, Skandi Buzios, was completed and went on hire in 2017. The last two PLSV newbuilds are underway in Brazil: Skandi Recife and Skandi Olinda will be delivered in 2018 and 2019.
In operation each of the vessels will employ approximately 200 Brazilian employees Oil & Gas and onshore to conduct operations with Petrobras.