Farstad Shipping ASA - Charter Agreements
(Thomson Reuters ONE) -
Farstad Shipping ASA has been awarded the following charter contracts in
Australia:
Total E&P Australia and Santos Australia Ltd. have awarded AHTS Far Sound (2007,
UT 712L, 14,688 BHP) and AHTS Far Sword (2006, UT 712L, 14,688 BHP) contracts
for approximately 12 months in support of their combined drilling operations
utilising Jack Bates.
Mobil Australia Resources Company has awarded a 680 day contract to PSV Far Swan
(2006, VS 470 Mk II, 3,628 DWT) in support of their Jansz operations supporting
the Deepwater Frontier.
Apache Energy Ltd. has declared their option to extend the contract for AHTS Far
Sky (1991, ME 303 Mk II, 13,382 BHP) and AHTS Lady Astrid (2003, UT 712, 12,240
BHP) for 12 months, extending the vessels until mid 2013.
Total value of the contracts is approximately NOK 490 million.
Contacts:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein Stavseng - tel. +47 911 07 001
Farstad Shipping's fleet currently consists of 53 vessels (29 AHTS, 21 PSV and
3 SUBSEA) and 8 PSV and 4 AHTS under construction. The company's operations are
managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de
Janeiro with a total of 2000 employees engaged onshore and offshore. The
company's strategy is to be a leading quality provider of large, modern offshore
service vessels to the oil industry. The company maintains a long-term charter
profile for the fleet.
www.farstad.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Farstad Shipping ASA via Thomson Reuters ONE
[HUG#1622736]
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Datum: 28.06.2012 - 08:58 Uhr
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