The Norwegian company that owns and operates offshore vessels, Sea1 Offshore, has won a new contract for the Sea1 Atlas platform support vessel in Brazil, according to a statement from the Oslo stock exchange Euronext published this Monday.
The contract has a duration of 3 years, plus 6-month arm’s length options and operations will begin in the first quarter of 2026. The company did not disclose the value of the contract.
Sea1 Offshore’s total contract backlog now stands at $743 million, with $599 million in options.
Source: Terra
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