Order for PSVs

Contract value for both platform supply vessels is approximately NOK 700 million. The 94.5m-long and 21m-wide 5,600-dwt vessels will be built according to DNV's strictest environmental class “Clean Design”. The steel hull of one of the vessels will be built in Romania and outfitting yard will be STX OSV Langsten in Tomrefjord, Norway. The other vessel will be built at the STX OSV yard in Vung Tau, Vietnam. The delivery of the vessels is scheduled for the second and third quarter of 2014. Both units will service six-year charter contracts with Statoil.