FAR Cinches New Charter Committments in Austral-Asia

Farstad Shipping (FAR) has announced new charter commitments in the range of NOK 330 - 420 million depending on options.

ENI has secured the AHTS vessels Far Sound and Far Sword (both UT712L- 15,900bhp) to support their Indonesian drilling campaign utilizing the semi-submersible rig Jack Bates. The program is schedule to
commence in October and continue for approximately 240-260 days.

Australian Drilling Associates have secured the AHTS vessels Lady Astrid and Lady Caroline (both UT712 - 13,200bhp) in support of their drilling campaign on behalf of a consortium of operators around Australia utilizing the semi-submersible rig Songa Venus. The program is expected to commence in October and will be for one year with options to extend for an equivalent period.

The new charters enable Farstad Shipping to continue their support to the respective rigs at strengthening rate levels.
 

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Wireline Field Operator
Expertise: Wireline
Location: Clay City, IL
 
Wireline Field Operator
Expertise: Wireline
Location: Youngstown, OH
 
QA/QC Piping Inspector
Expertise: Pipe Inspection / NDT|QA / QC / Inspection
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours