Norway’s Boa has announced the sale of 2007-built offshore construction vessel Boa Sub C to an undisclosed buyer.
to an undisclosed buyer.Closing of the sale is expected during the first half of February.
In July 2022, Boa Sub C was awarded a contract by Subsea 7, with commencement scheduled for spring of 2023 and a duration of one year. Subsea 7 also had an option to utilise the OCV into the first quarter of 2025.
“After completion of closing, BOA OCV expects, over one or several sweeps over the next 3 months, to distribute approximately 100-120 percent of the current outstanding amount under the Bonds,” Boa said in a release today.
