Offshore : Svitzer’ wins a ten-year extension of their marine service contract with Sakhalin
Sakhalin Energy's revenues amounted to 6,273 million US dollars, and profit - 2,041 million US dollars
Denmark based maritime services company ‘Svitzer’ wins a ten-year extension of their marine service contract with Sakhalin Energy Investment Company Ltd
Svitzer has been providing towage services to the Sakhalin-II project since 2007.
The extension, which comes into effect in November 2022, supports the mooring of more than 1800 gas carriers with a vessel fleet of 4 Robert Allen ice-breaking tugs and 2 mooring boats.
These vessels are operated by a team of 58 Russian crew members, supported by nine onshore staff.
In total, according to the results of 2018, according to international financial reporting standards (IFRS), Sakhalin Energy’s revenues amounted to 6,273 million US dollars, and profit – 2,041 million US dollars.
Sakhalin Energy is a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas.
Sakhalin Energy Shareholders include:
- PJSC Gazprom (50% of the shares plus one share)
- Shell concern (27.5% of shares minus one share)
- Mitsui group of companies (12.5% of shares)
- Mitsubishi group of companies (10% stake)
