Great Offshore Charters 2 Vessels to Operate in Khafji Oilfields

Al-Khafji Oil Field
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Kuwait Neutral Zone
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Great Offshore has chartered two of its vessels -- Malaviya Thirty Three and Gal Ross Sea -- to Petroleum Marine Services Co. in Egypt.

Accordingly, the vessels have commenced operations in the Khafji Oilfields for Saudi Aramco under one year firm charter with option for two more extensions. The aggregate value of the one year firm charter is around US $22 million.


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