POSH Xanadu

PACC Offshore Services has secured a one-year contract to support the oil and gas production activities of an undisclosed client in the Campos Basin, Brazil, using its semisubmersible accommodation vessel, POSH Xanadu (SSAV).

The vessel has been designed for deepwaters and harsh operating environments and has the capacity to accommodate up to 750 pax.

PACC Offshore Services CEO Gerald Seow said: "We are delighted to announce the contract as it testifies to POSH Xanadu’s excellent performance and service.

"Despite facing adverse weather conditions during certain periods over the past year, she was able to achieve 100% operational uptime even when all other floatels in the area had disconnected."

"Despite facing adverse weather conditions, she was able to achieve 100% operational uptime even when all other floatels in the area had disconnected."

POSH Xanadu also houses catering and recreational facilities, and offers various workspace solutions such as conference rooms, modern workstations, workshops, warehouses and two offshore cranes.

The vessel is certified by international certification and classification group Det Norske Veritas as a ‘Clean Comfort Class’ vessel.

In February, PACC Offshore secured charters for five vessels to the Middle East with a contract value of about $85m.

Under the first contract, the company supplied four new utility vessels to the requirements of a Saudi Arabian national oil and gas company to support its offshore maintenance work in the Persian Gulf.

The second contract was for one of the company’s anchor handling, towing and supply vessels for a client in Qatar.

Under the contract, the vessel will be chartered for a period of five years from the first quarter of 2016.


Image: POSH Xanadu operating in the Campos Basin, Brazil. Photo: courtesy of PACC Offshore Services Holdings Ltd.