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ConocoPhillips charters Farstad's AHTS Lady Sandra


Published Nov 25, 2008
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Farstad Shipping says that ConocoPhillips has awarded the AHTS Lady Sandra (KMAR 404, 1998, 16.100 bhp) a charter for a period of minimum 225 days with options to extend the charter with another 115 days.

The vessel will support ConocoPhillips' drilling program in Australia with the semi-submersible rig Sedco 703. Start up of the contract is the end of November.

Talisman has exercised 12 months options in direct continuation of their current charter of the PSV Far Supporter (UT 750, 1996, 4.680 dwt). The vessel will continue to work out of Aberdeen.

Total value of the contracts is between NOK 100 million and NOK 125 million, depending on options.

Tags: ConocoPhillips, Farstad Shipping



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