Norway: Statoil, Troms Offshore Enter PSV Charter Agreement

Business & Finance

Statoil, Troms Offshore Enter PSV Charter Agreement

Troms Offshore Supply AS and Statoil ASA has agreed to enter into a charter for the operation of two Platform Supply Vessels (PSV) – Troms Sirius (STX PSV 09 L CD) and Troms Artemis (VS 485 CD). The firm contract period is 6 months with 3 monthly options thereafter.

The Troms Artemis will start in September in direct continuation of present contract with Statoil whilst Troms Sirius will start the contract in October. The contracts have been entered into at market levels.

Mårten Lunde, CEO of Troms Offshore Supply states: “We are very pleased that Statoil again has chosen Troms Offshore as supplier of PSV tonnage to their operations in the North Sea and the Barents Sea. These are another two important contracts for Troms Offshore in developing a high quality shipping group based in Northern Norway with large, modern Clean Design platform supply vessels.”

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Source: Troms Offshore, September 7, 2012