Diavaz Extends Contract for Subsea Support Vessel

The Mexican subsea contractor company Diavaz has extended the contract for DeepOcean`s subsea support vessel MPSV Arbol Grande with one year until June 2007.

The vessel, built in 2003, will perform subsea inspection and diving operations for Pemex in the Gulf of Mexico, together with three other vessels operated by DeepOcean.

The contract has a total value of approximately NOK 80 million for DeepOcean.

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