Vard secures five Walk-to-work vessel orders for oil and gas sector

Norway’s designer and shipbuilder of specialized vessels Vard has signed a contract for the design and construction of five Walk-to-work vessels with an unnamed international customer.

The five Walk-to-work vessels will provide maintenance, supply, and operational services to offshore platforms in the oil and gas sector.

The vessels – with Vard 3 32 design – are equipped with a diesel/electric and battery-hybrid propulsion system, a 3D motion compensated gangway system as well as a 3D motion compensated crane, and a comprehensive accommodation.

All five vessels will be built, outfitted, commissioned and delivered from Vard Vung Tau in Vietnam.

The first four vessels will be delivered in the second half of 2027, and the final unit early in 2028.

The design is prepared for extensive use of electric power in the future, providing a sustainable option. Vard’s specialized subsidiaries are providing equipment on board the vessels.

The length of the vessels is approximately 88 meters with a beam of about 19.8 meters. They will be able to accommodate 190 people each.

“The contract shows VARD’s strength in developing tailor-made solutions, partnering with customers to explore and design new advanced vessels and solutions,” said CEO in Vard Group Cathrine Kristiseter Marti.

To remind, Vard is majority owned by Fincantieri Oil & Gas S.p.A., a wholly owned subsidiary of Fincantieri S.p.A.