KOTUG scores first South American contract in Guyana

This contract marks KOTUG’s first operation in the South American subcontinent and upcoming oil-producing nation of Guyana.

“Being part of the growing offshore oil and gas activities in the cooperative Republic of Guyana and working together with one of world’s largest oil majors ExxonMobil for us is an important milestone and in line with our long-term strategy to grow our business in the FPSO support business,” said Ard-Jan Kooren, ceo of KOTUG International.

“KOTUG believes that with its innovative and customer-focused approach, it can help clients meet their global commitments,” added Kooren.

To support the operations in Guyana, KOTUG -through the local entity KOTUG Guyana Inc.- will employ its newly acquired vessel “SD Power”, a high-spec 130 tonnes bollard pull, DP-2 azimuth anchor-handling tug.

The vessel will provide support to the existing and upcoming Floating Production and Storage Offloading units (FPSO’s) at the Liza Field, offshore Guyana, by providing towage assistance to export tankers, infield support duties and cargo duties.

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