Monday, January 9, 2012

Container Shipping Not The Only String In Maersk Bow As Energy Support Contracts Signed

Four New Deals a Quarter of a Billion Dollars Agreed
Shipping News Feature

DENMARK – BRAZIL – AUSTRALIA – The A. P. Moller - Maersk Group may be world leaders in container shipping but the company has diversified operations giving it a broader based portfolio than any of its smaller rivals. One of the areas it is currently giving a lot of attention to is support services for the marine oil and gas industries and this week its specialist arm Maersk Supply Service announced the signing of four new contracts worth in the region of $250 million.

As with all energy associated croups Brazil and Australia are both important regions for Maersk Supply Service and the two Danish anchor handling tug supply vessels Maersk Blazer and Maersk Boulder have each won four year extensions of current contracts with Maersk Supply Services biggest customer, Petrobras of Brazil, from February 2012. The vessels have been working for Petrobras since 2007 and 1999 respectively and mainly perform deep water operations with conventional and torpedo anchors.

Two contracts have also been concluded with American oil major ExxonMobil, for a minimum of two years each for the Danish flagged platform supply vessels Maersk Nomad and Maersk Nexus. The Nomad contract includes significant modifications including fitting a 125-tonne crane on the vessel to enable her to support subsea operations in the Jansz field on the North West shelf. Nexus is already in Australia on contract and Nomad will be delivered to Exxon in April 2012.

Australia is a growing market and Maersk Supply Service aims to expand its market share in the region whilst the company currently has twenty two vessels operating offshore Brazil and also harbours further growth ambitions there. Maersk Supply Service CEO, Carsten Plougmann Andersen commented:

"These contracts reinforce our strong relationships with two of the industry leaders in deepwater exploration and production requiring high safety and specialized operational performance. We are very pleased with having won these contracts in very tough tendering processes. We have been working with Petrobras for more than 25 years in ever increasing water depths with currently 17 vessels on charter to them and look forward to continue the deepwater-journey together.”

"Our relationship with ExxonMobil is strong worldwide and especially in Canada and West Africa. We are very pleased to expand our close relationship with ExxonMobil to Australia where the versatility of our modern vessels will be tested in providing full value to ExxonMobil.”