Garware Takes Delivery of Second New PSV

Garware Offshore Services Ltd. has taken delivery of its newly built platform supply vessel (PSV), "M.V. Kamet."

The state-of-the-art UT 755L design PSV, with clean notation, DP1, and FiFi1, is en route from Norway and should arrive in India by the third week of June 2007. It was constructed at the Norwegian yard Havyard Leirvik.

Oil and Natural Gas Corp. Ltd. has secured the PSV for a five-year contract, valued at approximately 24 crores per year.

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