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    Trico gets two long-term contracts

    Contracts, Tenders and Rates // June 16, 2000
    Trico Marine Services has been awarded long-term contracts for two of its larger platform supply vessels.

    The two contracts are expected to contribute combined revenues of approximately $22 million over the course of their terms.

    A two-year contract calls for the Northern River to conduct fibre optic cable laying and trenching operations worldwide. The Northern Gambler will perform marine oilfield support services in the North Sea under a three-year contract.

    "We are pleased to see positive signs of increased vessel demand in the North Sea," said Thomas E Fairley, President and Chief Executive Officer.

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