CSV Bourbon Oceanteam 101 extends charter contract in Angola

OSLO: The current charter agreement of Bourbon Oceanteam 101 (CSV “BO 101”) has been extended until mid-first quarter 2020 with possible further extension options well into 2020, a press release issued by Oceanteam said on Monday.

The initial charter started in 2016. Over the past period the CSV BO 101 has successfully assisted in installing jumpers and X-mas trees for its offshore client in Angola. Oceanteam, as co-owner of the CSV BO 101, is very pleased the charter has been extended and that the vessel can increase its track record in the region.

The vessel will remain deployed off the coast of Angola. Oceanteam holds ongoing discussions with client to serve her in the best possible way in 2020 and beyond.

Oceanteam ASA is comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water construction support vessels. Oceanteam Solutions is a service provider to the offshore wind and oil and gas industry with the supply of rental equipment for the transportation, storage and handling of subsea cables. Oceanteam has been active in the industry as an offshore solutions provider for over twelve years.

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