Addax Extends Contract for Knock Taggart FPSO
Fred Olsen Energy
|Wednesday, June 04, 2003
Addax Petroleum Development (Nigeria) Limited has elected to exercise the option to extend the present contract for the FPSO Knock Taggart by 2 years from June 2004, according to Fred Olsen Energy. The value of the contract extension is approximately US $36 million. Knock Taggart has been operating for Addax at the OPL 98 field offshore Nigeria since 1999.
Company: Fred, Olsen ASA more info
Company: Addax more info
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