Hallin Marine Subsea International plc (HMS) – Vessel sucess US$4.8 Million Contract

Hallin Marine Subsea International plc (HMS) – Vessel sucess US$4.8 Million Contract

Awarded US$4.2 Million Contract

Hallin Marine, the AIM quoted subsea solutions provider to the oil and gas industry, announces it has been awarded a US$4.8 million contract for the provision of an anchor handling support vessel.

Hallin, which was last week named the UK’s Business of the Year at the National Business Awards, has already mobilised the dynamically positioned class two (DP2) AHSV Seacor Penrith to support the offshore 2008 drilling campaign for a major drilling contractor.

The vessel will carry out anchor handling, towing and supply services in various offshore oil and gas fields. The technically advanced, 67 metre Seacor Penrith has on-board accommodation for 52 personnel and is fitted with a 20 tonne SWL active heave compensated subsea crane.

The charter has already commenced and will run through to 31st December 2008, with potential options to extend into 2009.

Jon Attenburrow, Hallin’s East Division’s MD, said:
“Hallin is pleased to receive the 2008 contract award for the offshore support vessel and we look forward to continuing success with the Seacor Penrith in 2009.

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