ConocoPhillips charters two supply vessels from Norwegian DOF

Norwegian offshore vessel operator DOF ASA  said yesterday it had won six-year charters from ConocoPhillips Skandinavia AS, part of US oil firm ConocoPhillips, for two supply vessels.
The parties agreed not to disclose the value of the deals. However, DOF said they were struck at market conditions.
The operating area of the ships will be in the North Sea and both contracts include option periods.
The ships are due for delivery from the STX OSV yard in Aukra, Norway, of shipbuilding group STX Europe AS in the fourth quarter of 2011 and the first quarter of 2012. They are owned by PSV Invest I AS, 48% held by DOF.
Source: Press release