Offshore staff

BERGEN, Norway --Oceanteam Power & Umbilical ASA has contracted the DP-2 vessel Team Oman with Nexans Norway to conduct umbilical repair work in the Middle East.

The contract has a fixed charter of 55 days at a cost of €3 million ($4 million) plus options.

The project is scheduled to begin later this month following the vessels Raspetco deepwater project in Egypt.

07/03/2007