Page 99: of Maritime Reporter Magazine (November 2015)

Keeping busy: Island Offshore MD, Haavard Ulstein.

the Dutch in Amsterdam are dedicating the ones on decommissioning are not

Day 2 of Offshore Energy Exhibition & that many, I don’t think.” He says de-

Conference 2015 to decommissioning. mand for OSVs is something like “lower

By wild contrast, no ship owners we 50 percent related to rigs, 45 percent for speak to in Norway admit they have built production platforms and ? ve percent or are building their top-hole drillers, in- the rest, including offshore construction spection maintenance and repair (IMR) and seismic.” or offshore construction vessels (OCVs) Holm, a director in the ? rm, suggests for the decommissioning market. They the Norwegian ? eet owners are do- concede, only, that they’re vessels are ing well-abandonment work — said to “decommissioning-capable.” be between 40 percent and 60 percent “It’s probably not a very large mar- of the potential decommissioning mar- ket,” says Clarkson Platou Securities ket — because they’re core rigs mar- equity research analyst, Turner Holm, ket is still trending downward. Island who admits he doesn’t hear it spoken Offshore managing director, Haavard about often (in Oslo). Ulstein, con? rms two of his platform “(Decommissioning) is pretty niche, supply vessels, or PSVs, have been con- so if there are thousands of vessels, then verted to walk-to-work (W2W) vessels

Photo: Stoichevski www.marinelink.com 99

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