ROVworld Subsea Information

Geo ASA signs new contract with Subsea 7
Date: Tuesday, November 28, 2006 @ 04:16:07 EST
Topic: CONTRACT AWARDS


Geo ASA signs new contract with Subsea 7Geo signed a 6 year contract with Subsea 7 for delivery of vessel and ROV-services.

The contract commences summer 2007 and "Geo TBN" (Yard no 152), scheduled for delivery spring 2007, will serve the first year of the contract. From summer 2008, the contract will be served by a vessel hired from DOFCON.

In addition to the vessel, Geo will provide 2 large Work Class ROVs and manning.





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