ConocoPhillips awards contracts for two Volstad vessels

ConocoPhillips UK has exercised a further one year option for the Volstad Viking vessel, starting the 2nd of June 2014.

The charter rate is subject to two years of escalation on top of present term. ConocoPhillips UK also has one additional yearly option available.

To remind, Volstad Viking entered into a three years Charter Party with ConocoPhillips in June 2007. The contract has been extended by another two years, until June 2012.

New Contract for Volstad Princess

The Volstad Princess vessels has been assigned a 3 months firm contract with ConocoPhillips. The start of the contract will be in direct continuation on existing charter. Daily charter rate represents a substantial increase on present term. Options given in Charterer’s favor are 1 month plus 2 x 2 weeks + 14 days.

 

Press Release, March 24, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
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 1 2

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply