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    Tidewater meets ExxonMobil requirement in Equatorial Guinea

    Contracts, Tenders and Rates // January 17, 2003
    Tidewater has recently secured charters for two vessels with ExxonMobil Equatorial Guinea starting soon.

    Tidewater will deliver the PSV UT755 Madonna Tide and a US Bender built newbuild 220 foot PSV Ed Kyle.

    The contract period for both vessels is one year firm plus options.

    Both vessels will operate out of Malabo, with the Madonna Tide delivering this month and the Ed Kyle delivering end February or early March.

    These vessels will replace the Monarch Bay and Northern Mariner, which have been supportingExxonMobil in Equatorial Guinea for the past two years.

    If these vessels are unable to find work locally they are likely to return to the North Sea, noted Seabrokers.

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