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    First North Sea term contracts of 2003 awarded

    Contracts, Tenders and Rates // January 17, 2003
    The Stewart Group in the UK says both Agip UK Limited and TEAM Marine have awarded new term contracts as follows, the first such contracts in the North Sea in 2003:

    North Stream (ex Stream Truck) has been fixed to Agip for one well plus options to support the Ocean Nomad.

    TEAM Marine has chartered two Platform Supply Vessels as follows: Northern Gambler - two years firm plus options; Stirling Aquarius - 18 months firm.

    All commercial terms are private and confidential.

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