Olympic Ship and Bibby Offshore Enter Charter Agreement for Olympic Ares

Olympic Ship AS has entered into a three-year charter agreement with Bibby Offshore Limited for the vessel Olympic Ares, a multi-functional subsea support & construction vessel.

The charter extends the current charter in place, now ending in late 2017.

The charterer has combined options for an additional three years for a total of six years.

The contract value and terms are in line with present market conditions for this type of vessel.

Olympic Ares is designed for low fuel consumption and excellent sea and station-keeping. The vessel is capable to perform construction work along with field support duties.

Press Release, June 24, 2014

Share this article

Follow Subsea World News

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

SPE/IADC Middle East Drilling Technology Conference and Exhibition

The theme for this conference is “Building on Today’s Efficiencies for Tomorrow’s Market.” This will be the basis for the technical agenda…

read more >

The World Future Energy Summit (WFES) 2018

WFES will also hold its annual conference, which sees international government and business experts come together to discuss critical global…

read more >

HYPACK 2018

This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >