Africa Offshore Services Receives LOI for Accommodation Barge

Norwegian-based Africa Offshore Services AS has received a Letter of Intent for one of their work accommodation barges. The barge is currently under construction in Indonesia. The barge accommodates 300 men and has a 75 t offshore crane.

The barge will be ready for operation 4th quarter 2007 and contract duration is two years, with one year option. The dayrate is US $65,000. The contract is expected to be awarded during the 1st quarter 2007.

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