BG charters Italian newbuild

Contracts, Tenders and Rates - September 8, 2006

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Seabrokers reports that BG has chartered the Fratelli D’Amato newbuild UT 755L FD Invincible for support of the semi-submersible rig Sedco 704.

The vessel, to be managed by Gulf Offshore, will begin the Central North Sea contract in a window during September that is dependent upon when the Sedco 704 rig is released by Venture.

The contract duration is two wells firm plus one well option, with expected duration of each well to be around 60 days.

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