LOI to rebuild seismic vessel
Bergen Group has, through its subsidiary Bergen Group AS Halsnøy, signed a letter of intent to rebuild the seismic vessel ‘Geowave Master’ owned by Master and Commander AS.
The LOI includes work project with a total estimated value of NOK 160 – 170 million ($27 – $29 million). The vessel arrived recently at Bergen Group Halsnøy to undergo preparations for the rebuilding project. The project will, when the contract is finalised, generate significant increase in the activity at Bergen Group Halsnøy over the next 5 months.
Bergen Group Halsnøy AS is a part of Bergen Group’s Maritime Services Division, a supplier of ship maintenance and repair services with locations at Halsnøy, Laksevåg and Kirkenes.