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    DSND Fennica wins $5.4 million Pemex contract

    News // June 15, 2001
    Quest Offshore Intelligence Brief reports that DSND Sondenfjeldske ASA won Pemex' contract for 100 days of work in Mexico starting mid-May 16 with the MSV Fennica.

    The vessel will perform work related to repair on pipeline crossings for Pemexthrough Oceanografia SA.

    The value of the contract is approximately $5.4 million.

    According to DSND's CEO Geir Aune, the contracted day rate represents a level two times higher than the day rate for a similar vessel last year and a margin four times higher.

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