The oil & gas industry have several marine assets
available which could provide required services to the
alternative energy industry. Nomenclature for vessels
in the offshore industry is varied. Offshore
construction vessels, OCVs, are the primary choice
for deepwater installation work. Basic vessel
requirements for offshore construction work are as
follows:
• DP capable
• Accommodations for 45 persons+
• Minimum 800m² deck space
• Multiple crane capability (25 - 100mt)
• Subsea reference or positioning system
These vessels are in high demand and short supply.
In the current oil market environment, with oil prices
over $130/bbl, the oil & gas industry is on an
increasing expansion of new fields and infrastructure
to produce and transport oil. This has resulted in high
day rates for OCVs ranging over $100k per day.