SCAN signs agreement with V Ships
SCAN Geophysical in Norway has announced that the company has signed an agreement with V Ships Management Limited for marine management of SCAN’s three newbuild high capacity 3-D streamer vessels, due to be launched in 2008.
The agreement, which calls for V Ships to manage the SCAN vessels for 10 years, was entered into in connection with the closing of the recently announced sale lease-back transaction with Ship Finance International Ltd on bare boat basis.
SCAN’s new vessels are purpose built and specifically designed for efficient 3-D seismic acquisition with high streamer capacity of 10 tow points and streamer lengths of up to 10km, corresponding to a total capacity of 80km streamers.
“We are very pleased to have one of the most experienced ship managers to operate SCAN’s vessels. With V Ship’s extensive experience with the oil and gas industry, they comply with SCAN’s strict requirements for QHSE,” said Lars Johan Frigstad, President and CEO of SCAN.
The agreement, which calls for V Ships to manage the SCAN vessels for 10 years, was entered into in connection with the closing of the recently announced sale lease-back transaction with Ship Finance International Ltd on bare boat basis.
SCAN’s new vessels are purpose built and specifically designed for efficient 3-D seismic acquisition with high streamer capacity of 10 tow points and streamer lengths of up to 10km, corresponding to a total capacity of 80km streamers.
“We are very pleased to have one of the most experienced ship managers to operate SCAN’s vessels. With V Ship’s extensive experience with the oil and gas industry, they comply with SCAN’s strict requirements for QHSE,” said Lars Johan Frigstad, President and CEO of SCAN.