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    Standard Drilling enters PSV market

    Company News // September 8, 2016

    Standard Drilling, a former drilling contractor, has acquired a 20 per cent stake in PSV Opportunity I DIS for US$2.4 million. The entity recently purchased three VS 470 MkII PSVs - ER Arendal, ER Bergen and ER Kristiansand - for an aggregate price of US$$7.5 million.

    Fletcher Shipping has been appointed technical and commercial manager of the vessels, which have been renamed FS Arendal, FS Bergen and FS Kristiansand.

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