Sovcomflot Group Enters Offshore Sector and Expands Its Activity
OREANDA-NEWS. September 16, 2009. Sovcomflot (SCF) Group successfully closed its acquisition of Pacific Endurance, a specialist offshore supply vessel operating in the Russian Far East.
Pacific Endurance is one of three enhanced ice class supply vessels servicing the Sakhalin-2 project production platform, and is operating under a long-term contract with Sakhalin Energy Investment Company.
The main parameters of Pacific Endurance, built in July 2006 and flying the Russian flag, are:
Deadweight: 4,482 tonnes
Length, overall: 91.5 metres
Breadth, moulded: 19 metres
Clear deck area: 780 square metres
Deck cargo capacity: 1,740 tonnes
Ice Class: 1A
Sovcomflot’s Senior Executive Vice-President, Evgeniy Ambrosov, comments: “This new supply vessel joins the Group’s fleet at an important stage in the implementation of Sovcomflot’s development strategy. Our strategy is focused on expansion of the scope of services offered to our key customers – oil and gas majors. SCF Group has entered a new market segment and intends to further broaden the Group’s participation in servicing Russia’s offshore upstream projects”.
SCF’s shuttle tankers are already transporting crude oil for the Sakhalin-1 project. Two of the Group’s gas tankers – Grand Aniva and Grand Elena are involved in the transportation of LNG from the Port of Prigorodnoye for the Sakhalin-2 project. A joint operating company, established by OAO Sovcomflot and Sakhalin Energy Investment Company, coordinates LNG shipments and provides pilot services to ships calling at the Port of Prigorodnoye.
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