Equinox Offshore Accommodation Limited
30 Bukit Pasoh Road
Singapore 089844
Company Update
18 April 2011
The Board of Equinox Offshore Accommodation Limited (Equinox or Company) is pleased to
announce that the ARV1 is now en route to Block 15, offshore Angola.
The Company believes that the market for is unique accommodation and repair vessels
(ARVs) is strong and that there is a growing market. To position itself to take advantage of
this, the Company has reorganized its technical, project execution and operations
organization in addition to employing a Director of Business Development with significant
experience in the offshore accommodation business.
Two market segments
The Company intends to provide vessels to meet specific market demands in two different
segments going forward.
Offshore
The Equinox Offshore offshore fleet, commencing with ARV1, provides a DP accommodation,
logistics, works scope and safety hub to support deepwater operations across the field
spectrum.
The DP2(+) ARVs combine safe personnel transfer via dynamic gangway, high quality
offshore accommodation, project management facilities and extensive onboard operational
support. The vast storage and workshop capacity allows the vessels to be configured to suit
project requirements for laydown, prefabrication, hot work, assembly, organization of work
packages and other required work scopes.
Coastal
The Equinox Offshore coastal fleet, commencing with ARV2, provides a moored
accommodation, logistics, works scope and safety hub to support shallow water, coastal and
land based operations for oil and gas, windfarm, mining, emergency relief and onshore
construction operations.
The moored ARVs combine safe personnel transfer via a range of options including dynamic
gangway and crewboat transfer platform. The vessels offer high quality accommodation,
project management facilities and extensive onboard operational support. Again, the vast
storage and workshop capacity allows the vessels to be configured to suit project
requirements for laydown of stores and equipment, prefabrication, hot work, assembly,
organization of work packages and other required work scopes. As with the deep water
vessels, the coastal crane design facilitates the transfer of equipment to and from the ARV
without relying on local infrastructure.
ARV Unique Features for Deep and Shallow Water Operations
As well as providing an accommodation and works hub in deep and shallow water, the
vessels also act as a safety hub providing hospital and FRC capabilities, evacuation via
helideck and general field evacuation as a self mobile, rapid transit asset. The vessels also
come equipped with FiFi to support in field emergency procedures.
All ARVs are also designed and equipped with large bunkering and provisioning capacities to
greatly reduce the logistics chain required in remote deep and shallow water areas.
Technical reorganization
The Company has, based on lessons learned and the need to effectively execute multiple
future projects, reorganized its Projects and Operations department.
Mr Stefan Smeds has been appointed to the Company’s senior technical position as Director
of Projects and Operations. In this capacity, he has been responsible for the completion of the
ARV1, its commissioning and mobilization to its first contract in Angola. Mr Smeds is
responsible for the development and execution of vessel conversions and operations
including management of related disciplines.
Mr Smeds holds a Masters in Business Administration from the University of Wales, a
Bachelor in Marine Engineering from Alands Tekniska Skola and a Diploma in Marine
Surveying from North West Kent College. He has been active within the shipping industry
since 1981. He was one of the pioneers of Star Cruises operations from the founding of the
company in 1993 and held the position of Technical Director of New Building Projects
between 1995 and 2000. Subsequently, he assumed the position of Assistant Vice President
of Operations from 2001 until 2009. During his tenure at Star Cruises he was responsible for
concept and specification development, plan approvals and site management for several new
buildings such as Superstar Virgo and Norwegian Star at Meyer Werft in Germany and was
the owner representative for the new building of a large fast ferry at Austal Shipyard in
Australia. He has been in charge of over 20 dry dockings, life cycle management and
conversion projects.
In addition, Mr Roger Isaksson has been hired as a Construction Manager, reporting to Mr
Smeds. Mr Isaksson has also been involved in the commissioning and mobilization of the
ARV1 and is currently sailing with the vessel to its first contract.
Mr Isaksson has a Diploma in Electrical Engineering from Lars-Kagg Skolan, Kalmar and
completed further studies in electronics at the University of Technology, Luleå. He started his
marine field career with product development at Consilium Navigation in Stockholm 1997. In
2005, after a seagoing period, he took on the position as Principal Manager, Electrical
Systems for Wallenius Marine where he was responsible for, within his field, the development
of specifications, procurement and supervision for new building and refit projects in Korea,
China and Vietnam. In 2008 he commenced a position at Cotemar in Mexico where he
supervised the engineering and development project plans for DP conversions of semisubmersible accommodation vessels for employment in the Gulf of Mexico.
Employment of Director Business Development
Mr Denis Divers has been employed as the Company’s Director of Business Development.
Mr Divers has vast experience in the offshore accommodation business and will be
responsible for the Company’s business development activities worldwide.
Mr Divers has more than 30 years experience in the oil industry and 13 years experience in
the offshore accommodation market. Mr Divers has specialized in the offshore
accommodation market and has extensive experience in the floatel market. He was Director
for Business Development at Prosafe Offshore for over 10 years and was the CEO of Ocean
Hotels. Mr Divers has had key senior management positions within offshore accommodation,
specialized vessels, and subsea well intervention companies.
For more information contact:
Petter Høie
Tel: +65 6372 8731
Fax: +65 6223 8296
Mob: +65 9737 4118
www.equinoxnrg.com