Prosafe Wins Shell Contract Offshore Philippines

Prosafe has received a Notice of Award for a minimum nine-month contract by Shell Philippines Exploration B.V. (SPEX) using the Safe Astoria for accommodation support at the Malampaya Phase 3 Depletion Compression Project offshore Philippines.

On site operations are planned to commence within 2Q/3Q 2014. In addition, Prosafe has granted SPEX three additional one-month options.

Prosafe has provided SPEX the ability to alternatively choose a structure with 11-month firm period plus options, or 12-month firm period plus options.

Total value of the firm period will be between $58.1 million and $70.5 million depending on which alternative is selected.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Equipment Operator
Expertise: Cementing|Coil Tubing|Maintenance Technician
Location: El Reno
 
Account Manger - Levelland/Lubbock, TX Area
Expertise: Customer Service|Production Operator|Well Servicing & Testing
Location: Levelland, TX
 
Dispatcher
Expertise: Dispatcher
Location: Greeley, CO
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours