Partners form Hanøytangen Rig Services

Pictured after signing of the partnership agreement: From left: Peter Nygaard Andersen (EVP Apply Rig & Modules), Hans Peter Jørgensen (SPV Semco Maritime Rig Projects) and Asle Solheim (CEO Bergen Group Pictured after signing of the partnership agreement: From left: Peter Nygaard Andersen (EVP Apply Rig & Modules), Hans Peter Jørgensen (SPV Semco Maritime Rig Projects) and Asle Solheim (CEO Bergen Group

JUNE 3, 2014 — The three oil service providers Bergen Group ASA, Semco Maritime and Apply Rig & Modules have entered into agreement to establish the partnership Hanøytangen Rig Services. The offshore rig services market is growing and with a unique, integrated offering, the partnership sees potential to become a leading provider of comprehensive rig service projects.

The strategically located, well-established shipyard facilities at Hanøytangen outside Bergen, Norway have access to open sea, no height limitations and a towing channel deep enough for constructions with extremely large draft.

The three partners, Semco Maritime, Bergen Group Hanøytangen and Apply Rig & Modules, all have leading positions within niches of the oil and drilling rig services industry, and through the partnership the three plan to establish a unique foundation for servicing rig owning companies and other customers.

Hanøytangen Rig Sevices will provide a complete in-house front-end engineering, project planning, management and project execution offering at the Hanøytangen Yard. This will ensure highly robust, cost effective and comprehensively managed projects for rig renewals, upgrades, modifications, installation and commissioning, aiming to develop Hanøytangen to become Norway's best rig and marine project and engineering facility.

The partnership will be managed by a team with representatives from each party. The marketing of Hanøytangen Rig Services has commenced and has already attracted considerable interest from the industry.

"Hanøytangen is a unique location and by joining forces we are able to provide a unique and tailored offering to the rig services market. The activity in this market is good, and the outlook looks promising. We see strong industry interest for our joint offering and look forward to secure the first contracts," says Jarle Lerstøl, Consortium leader, Hanøytangen Rig Services.

Hanøytangen Rig Services offers one of the most versatile shipyards in Norway and encompasses several docks, one of which boasts a dry dock capacity of 116 m x 125 m (x 17 m water depth float-in level/depth) including ultra-deep-water quayside facility of +94 m water depth. Hanøytangen Rig Services plant equipment includes heavy lift crane capabilities that cover all the dock areas.