A strategic partnership comprising Norwegian companies Eidesvik Offshore, Agalas and Reach Subsea, are to begin construction of a new Construction Support Vessel (CSV) for subsea and offshore renewables operations.
The new CSV will have similar specifications as the vessel Eidesvik currently has under construction together with Agalas at the Sefine Shipyard in Türkiye. Eidesvik says this reaffirms its commitment to expanding its fleet and supporting the growing vessel demand in the subsea and offshore renewables markets.
The vessel will also be built at the Sefine Shipyard, with delivery scheduled for spring 2027. It will be specifically equipped to perform inspection, maintenance, and repair (IMR) work. Upon delivery, it will enter into a five-year time charter with Reach Subsea, with options for two extensions of one year each. Full management of the vessel, including crewing, will be provided by Eidesvik.
The vessel will be two-thirds owned by an entity owned by Eidesvik and Agalas, controlled by Eidesvik, and one-third owned by Reach Subsea. The partnership builds upon the existing collaboration between the three companies. Eidesvik currently co-owns one vessel with Reach Subsea and another with Agalas.
Designed to be one of the most environmentally friendly vessels in its segment, the newbuild will feature a battery hybrid system alongside dual-fuel gensets capable of operating on either methanol or MGO.
Eidesvik Offshore CEO Helga Cotgrove said: “Eidesvik is delivering on our growth strategy, and we are pleased to announce yet another expansion to our fleet. This vessel is designed to meet the demands of both the oil and gas sector and the offshore renewables industry, allowing us to capitalise on market opportunities in both these sectors”.
Jostein Alendal, CEO Reach Subsea, added: “We are pleased to add a new, modern vessel to our fleet, strengthening our capabilities with advanced and efficient technology. The fact that our trusted partner, Eidesvik will be co-owning and managing the vessel ensures continuity, professionalism, and a strong cultural fit—providing the reliability and expertise that align with our way of working.”
Mats Nygaard Johnsen, CEO Agalas, said: “Developing another newbuild with a time charter contract in the subsea segment is an important milestone for Agalas. Doing this together with our strong partners, Eidesvik and Reach Subsea, is especially rewarding, ensuring a market-leading vessel and top-quality operations.”
The vessel, designed by NSK Ship Design, boasts a flexible and advanced structure. It has an overall length of 99.9m, breadth of 21m, and accommodation for up to 100 personnel. Equipped with a 150t heave-compensated crane and a deck area of approximately 900m2 it is suited for conducting IMR and construction work. The vessel will feature an innovative remotely operated vehicle (ROV) launch and recovery system (LARS) and will be prepared for operations in the deep-water seabed survey market.
Image: New Norwegian low-emission CSV (source: Eidesvik Offshore)
