Koil Energy Solutions Inc. (KLNG)

[fazoolius]

From the PDF on the vessel:

"It appears the company’s confidence
was not misplaced, as the Olympic Triton
has one year’s worth of work scheduled
for the Gulf of Mexico, and sister vessel
Olympic Canyon won a three-year
contract for inspection, repair and
maintenance (IRM) work in southeast
Asia.

Heijermans says the company plans to
use Canyon’s fleet of chartered DP vessels
not only to support larger vessels like the
Caesar S-Lay pipelay vessel under
construction for ultradeep pipelay
operations but also to carry out smaller
deepwater projects.

‘Canyon has become very successful at
bundling third-party vessels with their
robotic assets to provide key customers
with a full suite of subsea intervention,’
Heijermans said following the Olympic
Canyon award.

Canyon says it is looking for two
additional multipurpose vessels to meet
current demand. According to
Heijermans, Canyon is pursuing several
long-term IRM contract opportunities,
and Canyon requires a vessel for its new
reeled pipelay system being fabricated in
the UK."

http://www.helixesg.com/LinkClick.aspx?fileticket=5y5fsnDy4Wg%3d&tabid=55&mid=1056

-faz