Fred. Olsen Energy reports it has agreed with Hyundai Heavy Industries Co. Ltd. to extend the time limit on Olsen’s option for construction of a second drillship.
Offshore staff
OSLO, Norway – Fred. Olsen Energy reports it has agreed with Hyundai Heavy Industries Co. Ltd. to extend the time limit on Olsen’s option for construction of a second drillship.
The extension is to Dec. 20, 2011, and if exercised by this time the vessel will be scheduled for delivery 1Q 2014.
