Keyfield International Secures New Contracts with Petronas Carigali
Offshore support company Keyfield International has recently announced that it has secured an extension and a new contract from Petronas Carigali, both for accommodation vessels.
The new contract awarded to Keyfield’s subsidiary, Keyfield Offshore, is set to last approximately four months with an optional one-month extension. The work is scheduled to commence in the third quarter of 2025.
In addition to the new contract, Keyfield also received an extension for a previously awarded accommodation vessel contract. Initially won under the existing panel contractor contract for offshore support vessel services with Petronas Carigali, the extension is for 104 days and is expected to start in the third quarter of this year.
While the contract value was not disclosed by Keyfield, the company stated that both contracts are anticipated to have a positive impact on its earnings and net assets for the financial year.
It is worth noting that Petronas Carigali has already awarded contracts to two Keyfield DP2 accommodation vessels this year, one of which was a new contract while the other was an extension of a previous agreement.