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Bibby Remote Intervention Expands it's Fleet

Bibby Remote Intervention Limited (BRIL), part of Aberdeen-based subsea installation contractor, Bibby Offshore, has further expanded its fleet by signing a charter agreement for an IRM (Inspection Repair and Maintenance) light construction vessel and adding an additional two ROVs (Remote Operating Vehicles) to its operations.

The charter agreement with Olympic Shipping is for a newly built MT6021 vessel for a three year period, with options to extend for an additional two years. The vessel will be mobilised with ROV's from BRIL and is expected to arrive in Aberdeen in early April next year.

Mike Arnold, Bibby Offshore's chief operating officer for the western hemisphere, said:

"The business is now in control of a fleet of nine vessels and 15 ROVs. These new additions demonstrate our ongoing commitment to develop our current capabilities and expand our offering of flexible services to clients on a worldwide basis, and this is a reflection of our significant growth over the past 10 years.

"The charter of the MT6021 in particular is a significant investment as we look to build up a comprehensive range of assets, which we can tailor to the specific requirements of our clients."

"Initially the MT6021 will carry out North Sea IRM scopes, supported by our skilled and dedicated team offshore to provide full IRM activities, pipeline and structural inspection and light construction support, which will be supported by our experienced onshore team."

Bjorn Kvalsund, Executive Vice President for Olympic Shipping said: "This charter builds upon the relationship we have developed with Bibby Offshore and Bibby Remote Intervention, following the commitment of a charter agreement for the Olympic Ares. We look forward to further strengthening this working relationship with the charter agreement for the MT6021."

Additionally BRIL has further expanded its ROV fleet with the purchase of two new heavy-duty vehicles. The two ROVs, due to arrive in March and June this year, are both SMD Quasar 150hp vehicles. Capable of survey, construction, and drill support operations, these units will most likely be used to support Bibby Offshore's expansion into South East Asia and North America.

Release Date: 10 March 2014