Solstad Offshore has received a Letter of Award from Murphy Sabah Oil Co.,Ltd. for hire of the anchor handling vessel “Normand Ivan”.
The duration of the agreement is one year firm plus one year option. According to the company, the new contract started recently.
Murphy will utilize “Normand Ivan” to support their deepwater operations in Malaysia, where the vessel has been operating for Murphy since 2004.
According to Solstad Offshore’s press release, the commercial terms are confidential between the parties.
Normand Ivan is an anchor handling tug supply vessel of a VS 480 AHTS design built in 2001.