EMGS Inks New Charter for BOA Thalassa

Electromagnetic Geoservices (EMGS) has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL, the owner of the vessel, at new and improved commercial terms.

The new terms are valid through October 01, 2019 with an option to extend the agreement through April 01, 2021.

EMGS and the owners have agreed to a reduction of the charter hire rate by approximately 20%.

EMGS and BOA SBL have also agreed to some additional flexibility during 2017.

The new contract will have a firm start on October 01, 2017, but the vessel remains available as an option to EMGS, on a project by project basis between April 01 and October 01, 2017.

The new terms are valid in this period, EMGS noted.

“We are pleased to see that our suppliers continue to contribute to the targeted cost savings in the company. The new terms provide for a sound commercial basis when the market turns and provide a level of desired flexibility over the course of 2017,” said Christiaan Vermeijden, CEO of EMGS.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

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OCEANS 2019

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OTC Brasil

The conference is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum…

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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