Wintermar has clinched a US$22M contract to supply two offshore service vessels to support an oil production project in Indonesia
The Indonesia-headquartered group has been awarded a five-year contract to supply two anchor handling tug supply vessels to support a floating production storage and offloading (FPSO) unit off the northern coast of East Java.
This is a substantial contract and the value of contracts Wintermar has as of 24 May is US$76.7M in total.
The company did not name the anchor handlers it will assign to this project or the multinational oil and gas company they will be working for in Indonesia.
Wintermar Offshore Marine managing director Sugiman Layanto was pleased by the award to support this FPSO project. “This affirms our clients’ recognition of Wintermar’s committed efforts to ensure high standards of quality, health and safety,” he said.
“This long-term contract underlines the Indonesian Government’s commitment to invest heavily to raise the country’s output of oil and gas after years of decline,” Mr Layanto said.
Wintermar is focusing on supporting offshore oil and gas projects in Indonesia while reducing its overhead costs through selling its older vessels and tugs.
It operates a fleet of more than 48 offshore support vessels ready for long-term and spot charters. These include platform supply vessels, anchor handlers and crew transport vessels.
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