new charter for Foresea

Foresea signed a new contract with Petrobras to charter the 6th generation Norbe VIII drillship. The agreement will be valid for three years and worth US$450 million. The vessel has a water depth of up to 3.000 meters, capable of drilling wells of up to 12.195 meters.The new contract shows the company’s strength in the Brazilian market as all five vessels in Foresea´s fleet are chartered out. A few days
ago, in fact, the company announced a semi–annual profit of almost US$100 million.

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