Marine Subsea wins contracts totalling $150 million

Offshore staff

LYSAKER, Norway -- Marine Subsea has won contracts totalling $150 million for fleet of five multi-purpose barges.

The African Worker barge is moored at depths of 1,500 m (4,921 ft) on Girassol field, block 17, Angola, for Total. The vessel can accommodate up to 300 people for all types of offshore projects including accommodation, maintenance, repair and installation, construction, survey operations, pipelay, and hook-up projects.

The African Lifter is on a five-year contract in Sonangol and will be stationed on block 2 offshore Angola. The African Caribe has been awarded an extension of one-year, plus eight-month options with Saipem for the FARM project for Chevron in Cabinda. The African Fjord is with Diamond International/ENI in the Congo until May next year, and the African Installer is with Geocean in Libya until late this year.

10/04/2010

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