The extension, valued at approximately AUD $25 million, will see the continued deployment of Bhagwan’s Athos in support of operations at the Stag and Wandoo platforms, located within the Carnarvon Basin in north-western Australia.
The Athos is a 65-metre Anchor Handler Towage Support (“AHTS”) vessel with DP2 dynamic positioning capabilities, ideally suited to the operational requirements of both clients. This extension builds on a successful seven-year service history and reflects the strength of the long-standing partnerships between Bhagwan, Jadestone Energy and Vermilion Energy.
Commenting on the contract extension, Bhagwan Marine Managing Director & CEO, Loui Kannikoski said:
“We’re pleased to continue working alongside Jadestone Energy and Vermilion Energy. Over the past seven years, we’ve built strong partnerships, and this extension reflects confidence in our team and the CMV Athos. It’s a credit to the hard work and operational excellence of everyone at Bhagwan. With rising demand for larger vessels, Bhagwan’s multifunctional fleet is in a strong position to support offshore projects safely and efficiently.”
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