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    Etame contract awarded

    News // September 7, 2001
    Offshore Shipbrokers in Aberdeen report that Fred Olsen Energy together with Prosafe has been awarded contract for the Etame Field offshore Gabon.

    The Floating Production, Storage & Offloading (FPSO) vessel Petroleo Nautipa will be upgraded for the contract, which is for two years plus options.

    The contract value is about $30 million.

    The unit was converted in 1998 and is currently under contract to Canadian Natural Resources (originally Ranger Oil) on the Kiame field, Angola. The vessel is due to demobilise from its current location in 2002.

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