Offshore vessel operator Otto Marine has announced that its wholly-owned subsidiary, GO Offshore, has been awarded a chartering contract worth up to AUD94.8m ($68.5m).
The charter is with an international E&P company for a period of 5 years from May 2017 with the option for another 5 years.
The 100-tonne bollard pull OSV will be used for FPSO infield support at a gas field off Australia.
“We are delighted to have secured this chartering contract. The client is a world renowned E&P company and we are pleased to establish a working relationship with them.” said Michael See, ceo of Otto Marine.
