The joint industry project, known as Energy Efficient Offshore Partners, involves seven shipping companies - BOA Offshore, Eidesvik Offshore, Farstad Shipping, Gulf Offshore Norge, Havila Shipping, Siem Offshore, and Solstad Offshore - and classification society Det Norske Veritas, which is the project manager.
The intention is to create a common platform to improve the industry standard for fuel consumption and emissions from offshore supply vessels.
Phase 1 is scheduled for completion in spring 2012.