Tuesday, November 25, 2008

Great Offshore Announces Charter Of Around US$ 22 Million - Nov 25, 2008

Great Offshore has chartered two of its vessels - Malaviya Thirty Three and Gal Ross Sea to Petroleum Marine Services Co., Egypt.

Accordingly, the vessels have commenced operations in the Khafji Oilfields for Saudi Aramco under one year firm charter with option for two more extensions. The aggregate value of the one year firm charter is around US$ 22 million.

The company made this announcement during the trading hours today, 25 November 200.

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