Deep Sea’s PSV Sea Trout Gets Extension of Contract with EnQuest to Operate in North Sea

Deep Sea Supply announces that the PSV Sea Trout has been awarded a 300 days extension of the time charter contract with EnQuest for operations in the North Sea, with an option for the Charterer to extend for a further 300 days.

The day rate of the contract is agreed at market levels. The firm period of the contract will run until November 2012.

About EnQuest

EnQuest PLC is an independent oil & gas development and production company focused on the UK Continental Shelf (‘UKCS’).

EnQuest believes that the UKCS represents a significant hydrocarbon basin in a low risk region which benefits from an extensive installed infrastructure base and skilled labour. The 2010 Oil & Gas UK Economic Report estimated that the projected reserves and resources still to be recovered from the UKCS were between 15.5 and 24 billion barrels of oil equivalent.

[mappress]

Offshore Nieuws Staff , November 21, 2011; Image: deepseasupply