Sentinel Marine

9 April 2015

Sentinel Marine – Statoil Contract Award

Sentinel Marine awarded contract for new emergency vessel for the Mariner field

Statoil (U.K.) Limited has awarded a contract to Sentinel Marine to provide a new multi role Emergency Response & Rescue Vessel (ERRV) to support operations on the Mariner field on the UK Continental Shelf (UKCS).

Sentinel Marine is an Aberdeen-based company, owning and operating offshore support vessels in the oil and gas marine industry. The new 65M ship, to be named "Mariner Sentinel", will be custom built for Statoil and provide emergency cover, firefighting, oil spill response preparedness and tanker assist capabilities for the Mariner field.

"We are very pleased to have been awarded this contract to support the Mariner field ,we have recently taken delivery of two Multi-Role ERRV's and have a further six similar vessels building" states Rory Deans Founder and CEO Sentinel Marine Group. "This award validates Sentinel Marine's belief in providing the most modern and advanced vessel's for operation in the UK ERRV's market".

The ERRV contract with Sentinel Marine has a fixed duration of five years, commencing in July 2016, and also includes five one-year extension options.

"This is an important contract award in our preparations for safe and efficient operations on Mariner," says Gunnar Breivik, managing director of Statoil Production UK.

"The emergency and rescue vessel plays a key role in our safety and emergency preparedness plan. "Mariner Sentinel" will carry mechanical oil spill response equipment and contribute to a strengthening of the emergency preparedness capacity also on a regional basis," Breivik says.

The Mariner field, located approximately 150 kilometers east of the Shetland Isles, is currently under development, with production start-up planned for 2017. Hook-up and commissioning is expected to start in 2016.

"Mariner Sentinel" is expected to be delivered early in 2017. From the summer of 2016 and until the new vessel is ready for operation, Sentinel Marine will provide another ERRV for emergency cover on Mariner.

Statoil is the operator of the Mariner field with 65.11% equity. Co-venturers are JX Nippon Exploration and Production (U.K.) Limited (28.89%) and Dyas Mariner Ltd. (6%).


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