Subsea 7 has exercised an option to extend the contract on the construction vessel Skandi Seven with 1 year from 3March 31, 2013.
DOF Subsea, subsidiary of DOF ASA, previously announced that Subsea 7 would fix the vessel, Skandi Skansen, for a period of 100-200 days per year over the next 4 years. Subsea 7 has declared an option, extended the contract and will utilize the vessel Skandi Skansen for a fixed period until July 2013.
DOF Subsea Asia Pacific has entered into several contracts in the Far East where the vessels -- Skandi Singapore, Skandi Hercules and Geobay -- will be utilized under the contracts.
DOF Subsea Atlantic has entered into a contract with Conoco Phillips, where the vessel Skandi Skolten will be utilized under the contract.
The total value of the new contracts are about $90 million (NOK 520 million).
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles