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Eni Signs Contract to Use Deep Sea's Vessel For Libyan Operation

06-27-2008

Deep Sea Supply  announced that they have entered a 1 year time charter contract for the AHTS vessel Sea Jaguar.

If all options are declared, the contract could extend to a total period of 3 years. The time charter contract was entered into with ENI North Africa for operations in Libya.

The contract value for the firm period is worth approximately EUR 10,200,000. Commencement date is August 1, 2008. The new time charter will be in direct continuation of the existing charter.