Miclyn Express Offshore (MIO) report that its Australian business, Samson Express Offshore (Samson), has been awarded contracts for three vessels by Saipem Leighton Consortium (SLC) to support construction activities at a LNG terminal development project in North-West Australia.

Samson VI and Samson VII (Multicats) and Cape Mac (ASD Tug, bareboat chartered from a Third Party) will commence operation in July/August 2012 for a duration of 1 year firm, plus an option to extend for 183 days. The aggregate firm value of the three new contracts is A$24m.

CEO Diederik de Boer said, “we now have a broad range of Australian compliant vessels working on the North-West Shelf and we are delighted to extend our high quality service offering to SLC, a major player in the region. These contracts will assist in maintaining our strong levels of utilisation in the Tug fleet leading into Financial Year 2013 as well as support future earnings in our Third Party Vessel segment”.

Tags: Miclyn Express Offshore