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Marine Subsea Gets to Work

30 September 2010

Norway-based services player Marine Subsea has landed $150 million in new contracts for its fleet of five multi-purpose barges.

The newbuild African Worker is set to provide accommodation at the Girassol field, in Block 17, under a three-year contract struck with French giant Total.

Meantime, the African Lifter, also a newbuild, has started a five-year contract at Block 2 for Sonangol.

Italian services giant Saipem has exercised an option in its charter of the African Caribe which sees the vessel stay on at the FARM project in Cabinda for a further one year and eight months.

The African Fjord is under charter with Diamond International/Eni off Congo until May next year, while the African Installer continues operations with Geocean off Libya until later this autumn.