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Solstad Offshore signs

multiple PSV contracts in

West Africa

Solstad Offshore has announced multiple new
medium-term contracts in West Africa.
Letter of Agreements have been signed with
key clients for 7 PSVs, all with commencement
Q4-2021 or Q1-2022. The total firm duration of
the contracts is approximately 1,000 vessel days
with options to extend the contracts further.
Solstad Offshore, September 3 2021
Bourbon wins new

logistics contracts with client the highest safety standards. The imple- and launching of the $50mn R&D Fund utilisa-
mentation of our Bourbon Logistics service tion protocol.
Shell in Namibia confirms the group’s strategy to offer our clients The Executive Secretary recalled that the
increasingly comprehensive services and adapt maiden edition of the R&D Fair was organised
Bourbon announces today that it has been to their constantly changing needs.” in 2017, where Research breakthroughs were
awarded by Shell a fully integrated logistics Bourbon, September 2 2021 exhibited, and linkages were facilitated between
package contract comprising of international Researchers and end-users in the Oil and Gas
freight forwarding, integrated logistics services Industry.
and PSV (Platform Supply Vessel) services to R&D He remarked that the Board had recorded
support two deepwater offshore exploration significant progress in elevating the industry col-
campaigns in Namibia and São Tomé. NCDMB to hold R&D fair, laboration on R&D since the last edition. Some
The project’s scope covers: the international of the accomplishments included the establish-
shipment and clearance of Shell’s and its sub- launch $50mn fund ment of Nigerian Content Research and Devel-
contractors’ equipment from Houston to Walvis opment Council to advise the Board on matters
Bay; the management of the logistics base and The Nigerian Content Development and Mon- relating to research and development in the oil
associated services (handling & lifting, material itoring Board (NCDMB) has concluded plans and gas industry and Development of R&D 10
management, storage and warehousing, waste to host the 2nd edition of the Nigerian Content Year Strategic Road Map, which will be launched
management, tank cleaning); the provision of Research and Development Fair on September 9, during the 2021 R&D Fair. Other achievements
three Platform Supply Vessels (two PX105 & one 2021, at the NCDMB Conference Hall, Yenagoa, included the development of frameworks for
P105) dedicated to the project. Bayelsa State. supporting research breakthroughs to prod-
Bourbon Logistics will therefore be in charge The Executive Secretary of NCDMB, Simbi ucts for industry application, adding that over
of the whole logistics operations’ planning and Kesiye Wabote announced this at a press confer- 20 Researchers are benefiting from the Board’s
conduct under its own Safety Management Sys- ence organised on Tuesday in Lagos ahead of the intervention.
tem, supported by its latest digital data manage- fair, stressing that no country develops sustaina- He added that the Board also created $50mn
ment system “Bourbon Logistics Suite,” which bly without focussing on research and develop- Research and Development Fund as well as
allows to plan, execute and monitor the whole ment. He explained that the Board placed high signed a Memorandum of Understanding to
Logistics supply chain from end to end. The pre- premium on Research and Development as a establish R&D Centers of Excellence in five uni-
cise timing of the drilling is to be announced and critical enabler in achieving the target of 70 per- versities, notably Federal Universities of Tech-
each well is expected to last for 60 days. cent local content by 2027, adding that the theme nology in Minna, Akure and Owerri, Niger Delta
These new contracts are part of Bourbon’s of this year’s event is “Creating Sustainable Col- University Amasoma and Modibbo Adama Uni-
integrated logistics strategy and confirm the laboration in Research and Development for the versity of Technology Yola.
group’s expertise and know-how. Bourbon will Energy Sector.” Speaking further, the Executive Secretary
provide Integrated Logistics services through He informed that the event would feature confirmed that the Board would use the $50m
its local branch “Bourbon Logistics Namibia” presentations of research breakthroughs, panel Research and Development Fund to support
with its strong and well-established local part- discussions on R&D pillars of success and a research findings that have practical utilisation
ner “Logistics Support Services” (LSS). Working special feature on how Nigeria can adopt a sus- and have capability of being commercialised
with a solid local partner is a key aspect of the tainable acceleration program for launching and applied to solve teething problems in the
group’s local content strategy. innovative ideas into the market. economy.
Nicolas Chateau, Managing Director of The highlights of the fair would include the He noted that for any researcher to benefit
Bourbon Logistics, commented: “We are more launching the NCDMB 10-Year R&D Roadmap from the fund, he would have to go through a
than proud to accompany Shell once again in by the Minister of State for Petroleum Resources, rigorous process of proving the relevance of the
these new exploration campaigns, which testi- Chief Timipre Sylva, commissioning of the research and the commercial viability, hinting
fies to a common trust and confidence. Bourbon Technology Innovation and Incubation center that the Fund did not require any collateral or
Logistics will strive to ensure the timely delivery established by the NCDMB to facilitate innova- guarantee.
of the entire supply chain while guaranteeing our tion and incubation of ideas for market adoption NCDMB, September 1 2021

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