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DEEP SEA MOORING AND VRYHOF ANCHORS SECURE FIRST CONTRACT WITH COOPER ENERGY

4 April 2018

Deep Sea Mooring and Vryhof Anchors have secured a contract to provide full-scale mooring and anchoring services to Australian energy company Cooper Energy. The announcement also sees Vryhof businesses secure contracts in Cooper’s main target drilling area - offshore Victoria, Australia - for the first time.

The contract will result in full-scale engineering, pre-lay mooring design and analysis from Deep Sea Mooring that will be provided to Diamond Offshore’s semi-submersible drilling unit - the Ocean Monarch. In addition to the latest mooring and anchoring equipment, Vryhof Anchors’ expertise and geotechnical skills will also assist Cooper with the correct anchor selection for each offshore location. Local back deck services and marine representation will also be provided.

The Ocean Monarch forms part of a 10-well drilling campaign for Cooper Energy in the Otway and Gippsland Basins. The campaign will take place between January and August 2018.

Deep Sea Mooring and Vryhof Anchors’ equipment and anchor handling vessels will be coordinated and based out of Karratha, West Australia and at Port Melbourne. The Ocean Monarch semi-submersible is managed by Diamond Offshore Drilling. The rig can operate in water depths of up to 10,000 feet and drilling depth of 35,000 feet.