Standard supply vessels secure long-term deals

Standard Drilling has won new contracts for its large platform supply vessels Standard Princess, Standard Supplier, and Standard Provider.

Offshore staff

LIMASSOL, Cyprus – Standard Drilling has won new contracts for its large platform supply vessels Standard Princess, Standard Supplier, and Standard Provider.

All are at increased day rates in line with the company’s 2019 forecast. The total firm period of the three deals is 460-470 days, with a combined optional period of around 265 days.

The company’s other platform supply vessels areStandard Viking, which has a one-year firm contract from Peterson to mid-July; and the Standard Supporter, which has been on a one-well contract with Repsol since Jan. 21.

03/28/2019

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