Global Offshore signs 3 year contract for ‘M.V. Kamet’

Global Offshore Services Ltd has reported that the Company has received a contract for one of its platform supply vessels.

Under the contract, the Indian owner of offshore support vessels will provide an undisclosed client with the M.V. Kamet PSV on a three year contract.

The value of the contract will be approximately Rs. 29 crores ($4.8 mln) per year.

Earlier this month, the company sold it Platform Supply Vessel M.V. Kailash.

Global Offshore’s vessels, supporting offshore oil and gas operations, operate around the globe. Global Offshore Services currently has Platform Supply Vessels deployed in India, the North Sea, Brazil and West Africa.