Deep Sea Supply inks Statoil contracts

Statoil has awarded Deep Sea Supply two contracts for two of the company's platform supply vessels (PSV).

The first deal is a two-year contract for the Sea Frost PSV, for operations in the North Sea. The deal comes with options.

The company has also been awarded a six-month firm plus options contract with the same charterer for the PSV Sea Spider.  The options for both contracts are at Statoil UK's discretion, says Deep Sea Supply.

Both vessels are expected to start charter contracts in July 2017.

From commencement of the two new contracts, Deep Sea Supply will have three vessels on term contracts with Statoil UK. The vessel Sea Falcon started a two-year firm plus options contract in November 2016.

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