December 2020

2020 Review

There is no doubt that 2020 has been a difficult year. The offshore sector has been impacted and in very general terms rates have reduced and payment terms extended, whilst the cost of operating has increased.

Admiral Offshore has traded strongly in the Gulf of Guinea, supporting a range of charterers ...

Read more ...

November 2020

SVS Monck – Successfully Docked

SVS Monck was docked at a West African Slipway facility between the 19th October to the 3rd November 2020.ž

The main purpose was to facilitate her 5-year Special Survey docking and enable a comprehensive inspection by Class BV. This was successfully completed, and she is now back working in West Africa ...

Read more ...

About Admiral Offshore

Admiral Offshore draws on 10 years’ worth of marine pedigree and experience in the offshore sector, working in support of the offshore Oil and Gas exploration, production and service support sectors.

More about Admiral Offshore ...

Our Services

Our goal is the provision of services that are expertly managed and delivered by experienced, qualified and expert professionals. Our range of marine-based services is underpinned by a mind-set of continuous improvement.

More about Services ...

Our Fleet of Vessels

Admiral Offshore operates 5 x Damen 3307 FCS Vessels.

We have a variety of charter and operating arrangements in place and have the flexibility to deliver a range of solutions in order to meet client needs. We provide support to a variety of market sectors.

SVS Avery

Fast Support Intervention

SVS Guardsman

Fast Crew Supply

SVS Hawkins

Fast Support Intervention

SVS Monck

Fast Support Intervention

SVS Teach

Fast Support Intervention


September 2020

Through the challenges that COVID-19 represents

The first half of 2020 has witnessed tough trading conditions in the offshore sector around the world; initially due to the low oil price and thereafter due to the COVID-19 pandemic. Operating costs have increased significantly due to the problems created around supply chain, operations and the decrease ...

Read more ...

March 2020

Excellent First Quarter

Trading conditions in the offshore industry remain volatile and subject to changes in external factors such as the oil price.

However, the Admiral Group is maintaining its revenue profile and continues to meet its targets allowing the company to continue to invest in its core business and to implement its ongoing investment plans in West Africa.

Our efficient and streamlined management and control structures allow for quick and flexible decision making and we remain pro-active and able to respond to market demand.

February 2020

Successful Operations
in Nigeria

The Admiral Group of companies continue to deliver outstanding service in Nigeria.

With significant investment in the region planned for 2020 including a service hub in Port Harcourt for Damen FSIVs, these are exciting times for the business.

We continue to invest in best in class services and have recently imported a purpose build Damen workshop container along with containerised spares into Nigeria to support this next exciting evolution in our growth.

January 2020

A Name Change
to Reflect the Business

Since it’s inception in July 2018 Admiral Offshore has traded with the experience and outstanding legacy from it’s antecedent company, Specialised Vessel Services Ltd.

From January 2020 all companies in the operating group will be known as ‘Admiral’ to better reflect the separate and integrated nature of the Admiral Group of companies from SVS.

Therefore SVS Offshore Ltd has changed its name to Admiral Offshore Ltd. It remains ‘business as usual’ but the name change better aligns all companies in the operating group.

December 2019

Financial Results to December 2019

Admiral Operations continues to beat its financial targets with a solid track record of sustainable operating and bottom line profits and fleet utilisation levels at over 95%.

The business remains completely ungeared which suits current economic conditions and market volatility.

It continues to reinvest in developing a reliable customer supply chain in order to maximise sustainable revenue streams and minimise business risk.

The executive team continue to focus on their strategy of maintaining a lean and efficient operational business model while maintaining a stable platform to support further growth as market opportunities arise.



News Archive ...

Tel: +44 1273 467 611


Disclaimer of Liability: The materials contained on this Website have been prepared for information purposes only. Whilst every care has been taken to ensure the accuracy of the materials, we accept no responsibility for loss or damage which may arise from reliance on information contained on this Website.

© Copyright 2020 Admiral Offshore Ltd. All Rights Reserved.

Our Cookies Policy