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New Contract Strengthens ESVAGT’s Market Position in the UK

03/12/2018

ESVAGT has been awarded a contract from Serica Energy for standby duties on the Bruce field located in the UK Central North Sea. The contract will be covered by ‘Esvagt Cassiopeia’.

This brings the number of vessels in the strategically important British production market up to seven.

Currently, ESVAGT has 18 vessels that are UK MCA approved. ESVAGT’s equipment and operation result in a competitive advantage in a very cost-conscious market.

The contract with Serica Energy runs for a year firm with options up to 6 years.

’Esvagt Cassiopeia’ completed a contract with Apache mid-November, also in the UK sector.

KeyFacts Energy Industry Directory: ESVAGT

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