LONDON (Alliance News) - SeaEnergy PLC Wednesday said its recently established subsidiary SeaEnergy Ship Management Ltd has been awarded its first ship management contract.
The offshore energy services business said the ship management contract is with shipping-focused offshore marine group Otto Marine Ltd.
The MV Surf Ranger is a subsea support vessel, with a crew of 20, and recently acquired by Surf Ranger Ltd, a subsidiary of Otto Marine of Singapore. The vessel, which is flagged in the Marshall Islands, has recently arrived in the UK sector of the North Sea, where it is operating under charter and deployed on subsea support to exploration and production operations, SeaEnergy said.
SeaEnergy also said its subsidiary and Otto Marine are in discussions with regard to the ship management of other Otto vessels which may be operating in the North Sea and Europe in the future.
SeaEnergy shares were trading 6.1% higher at 36.35 pence Wednesday morning.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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