Akastor ASA: DDW Offshore Awarded Contract Extension

Source: www.gulfoilandgas.com 12/3/2024, Location: Europe

Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has been awarded a 6-month extension of the existing contract with Petrofac for the vessel Skandi Emerald. The extension means that the contract term now is extended to 14 July 2025. This extension builds on previous agreements referenced in press releases dated 27 September 2022 and 30 January 2024.

Following this latest contract extension, the total contract backlog for DDW Offshore's fleet of three vessels now stands at approximately USD 38 million.


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