DeepOcean awarded 18 months extension on Arbol Grande with Diavaz

(Ciudad del Carmen, Mexico / Haugesund, Norway, November) DeepOcean has been awarded a 18 months extension on Arbol Grande with offshore contractor Constructora Subacuatica Diavaz, S.A. de C.V. (Diavaz), in Mexico. The new contract is valid until end 2014. Included is an option for Diavaz to declare an additional year under same contract.

DeepOcean was awarded the original contract in 2003 and Arbol Grande has been working in Mexican waters since delivery.

The vessel has shown an exceptionally high operational regularity and proven herself as a very good asset for Diavaz in the top side and subsea construction support, inspection, maintenance and repair work for state owned oil&gas company PEMEX.

Diavaz is a key client to us and DeepOcean will continue to deliver high quality services and operational flexibility.

The award confirms Diavaz’s continued trust in Arbol Grande’s performance. Further the award support the development of our good relations with Diavaz and maintain our position in the Mexican offshore service market.» says Mads Bårdsen, President of DeepOcean AS in a comment.

The award represents a significant addition to DeepOcean’s order book.