POSH Arcadia wins first light construction contract from Shell; to also provide accommodation support at Gumusut Kakap field


Offshore marine services provider PACC Offshore Services Holdings Ltd. (“POSH”) today announced that its POSH Arcadia semi-submersible accommodation vessel (“SSAV”) has won a contract from Sabah Shell Petroleum Co Ltd. (“Shell Sabah”) to support its work at the Shell Gumusut Kakap field, offshore Malaysia.

Under the charter, POSH Arcadia will not only provide accommodation support but also support light construction activity at the field, which is a first for the vessel. The job started today and carries an extension option that can be triggered nearer to completion.

This contract, also the first with Shell Sabah, marked the latest in a line of projects POSH has secured with Shell. Previously, POSH Arcadia had provided accommodation support for the Shell Prelude – the world’s largest offshore floating facility.

As high capacity and high specification 750-pax DP3 vessels, POSH Arcadia and its sister POSH Xanadu are among the world’s largest SSAVs. They were designed and built to offer best-in-class safety and comfort for offshore crew operating in deep water and harsh environments, with additional capabilities to support complementary service requirements by the client.

Lee Keng Lin, Chief Executive Officer, POSH said, “We are delighted to have secured this contract from the Shell Group, which marks many firsts for us. This is our maiden light construction activity contract, our first charter with Shell Sabah, the first time POSH Arcadia is working in Malaysia and the first time the vessel is doubling up to provide both accommodation and light construction support. This vindicates our strategy to provide best-in-class service and adapting our offerings to respond to our clients’ bespoke needs.”

For further information or to speak to a spokesperson, please contact:

For PACC Offshore Services Holdings Ltd.:

Ms Kelly Shia, Corporate Affairs and Business Development, +65 6839 7860, kelly.shia@paccoffshore.com.sg 

Ms Hoong Huifang, WATATAWA Consulting, +65 9128 0762, hhoong@we-watatawa.com

About PACC Offshore Services Holdings (“POSH”)

Headquartered in Singapore and listed on the Singapore Exchange, POSH is a leading offshore marine services provider with more than 60 years of operating experience in offshore and marine oilfield services. With a young and diverse fleet of over 100 offshore vessels, POSH is known as a best-in-class service provider serving multiple segments of the offshore energy value chain and readily transferable expertise for the offshore wind sector.

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