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    Broker reviews North Sea requirements

    Contracts, Tenders and Rates // December 10, 2004
    Fearnleys Offshore Supply says Norsk Hydro, Norway is in the market for a large PSV and one standby vessel for support of the Transocean Leader at Stetind.

    The period is one well, about 90 days, and commencement is estimated 10-15 January 2005.

    This requirement was in the market late this summer but the project was delayed because of the Norwegian rig strike.

    Maersk Olie & Gas, Denmark is in the market for 2 PSVs. Owners are being asked to price periods of one year firm plus two yearly options or two years firm plus one yearly option. Commencement is scheduled for April/June 2005.

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