DOF wins four-ship LoI from ShellNews // November 8, 2005
District Offshore (DOF) in Norway has secured a Letter of Intent from Shell for the provision of the following four PSVs:
- Skandi Marstein for five years, plus a one year option, commencing in July 2006.
- Skandi TBN for three years, plus two one year options, stating in spring 2006.
- Skandi Falcon for two years, plus a two one year options, starting in January 2006.
- Skandi Captain for 26 months, plus six one month options, starting in November 2005.
Prior to the delivery of a medium size newbuild, a front runner of similar size will fulfil the second contract.
The two companies have agreed to not disclose day rates.