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LUKOIL puts ice class vessles into service in the Caspian sea
LUKOIL-Nizhnevolzhskneft has accepted from its contractor, Bumi Armada Berhad, and put into service three ice-class vessels.
LUKOIL-Nizhnevolzhskneft reported on July 18, 2016, that the company has accepted from its contractor, Bumi Armada Berhad, and put into service 3 ice-class vessels.
Bumi Uray, Bumi Pokachi and Bumi Naryan-Mar vessels were built to be used on the Vladimir Filanovsky field in the Caspian Sea.
Bumi Naryan-Mar is a standby/rescue vessel equipped with oil spill response equipment and fire fighting system, which can take up to 125 people on board during rescue operations.
Supply vessels Bumi Uray and Bumi Pokachi will deliver cargo and personnel as well as remove industrial and household waste from the platforms as part of LUKOIL's commitment to the zero discharge principle.
Technical characteristics of the vessels allow them passing through the Volga-Caspian canal and their ice-class makes them suitable for year-round operation.
Each of the Ice-Class contracts is for a period of 10 years, with the possibility of further extensions of up to another 20 years. The Ice-Class contracts have an estimated aggregate contract value of $262 million (MYR 844 million) for the fixed 10 years of charter with extensions of up to 20 years at an estimated aggregate value of $483 million (MYR 1.56 billion) if the extension options are fully exercised.