Nordic American Offshore Ltd. (NAO) has entered into two new contracts for 4 months firm periods with further options for each vessel.
The name of the client was not revealed in the press release, however NAO stated that it is “a major oil company”.
Furthermore, this contract will secure firm employment for two of NAO’s Platform Supply Vessels (PSVs) from February/March this year. In the meantime the company says that they are operated in the spot market.
“We are pleased to observe the attractiveness of the NAO vessels, which are all operated in the North Sea,” the company said in the press release.
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