Craig Group said at OTC yesterday that a £35million investment in four new vessels had already secured multimillion-pound contracts for the Aberdeen global shipping and energy service company.
The emergency-response and rescue vessels (ERRVs), which will be managed by Craig Group division North Star Shipping, will take to the waves throughout the year on charter to oil and gas operators and lead to an additional 120 jobs in the North Sea marine sector.
Craig said the ERRVs – named the Grampian Don, the Grampian Dee, the Grampian Discovery and the Grampian Defiance – represented a continued drive to operate the largest British wholly owned fleet engaged in the UK offshore industry, supporting 50 installations in the north-west European area.
The Grampian Dee has been awarded a deal by Valiant Petroleum for exploration drilling support in the central North Sea.
The Grampian Discovery has secured a contract with Shell to support various North Sea drilling operations and the Grampian Don will go on a five-year charter to another major operator in the North Sea.
Group managing director Douglas Craig said: “Securing these major contracts for our vessels which were built speculatively is an endorsement of the confidence in the market and of our continued investment in a safe, modern and efficient fleet.”