Oil servicing company Petrolog has acquired an ocean diving vessel DSV Vinnice to develop its operations in sub-Saharan Africa
Ernest Nwapa, executive secretary of Nigerian Content Development and Monitoring Board (NCDMB), stated that the acquisition was an affirmation that indigenous oil servicing companies have developed capacity to acquire and operate hi-tech assets and could participate in every segment of the oil and gas industry.
According to Petrolag, DSV Vinnice is valued at US$170mn and is equipped for shallow and deep-water operations and can be used for construction, repair and maintenance of oilwells and other offshore naval constructions.
“This is the largest indigenous-owned vessel in its class and is capable of providing diving, offshore construction and field support,” added the company.
DSV Vinnice weights around 3,200 tonnes. It is 85 metres long and has a beam of 22 metres.
Vincent Ebuh, chairman of Petrolog, said, “Equipped with the latest dynamic positioning and mooring controls, the vessel has navigation equipment and communication equipment to keep the officers and operators in constant contact. The vessel also has an ample deck space, which will afford the placement of equipment tools and supplies on its deck.”
