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CEO on Statoil contract: "Important in today's market"

It came as very good news at a tough time for the offshore sector when Statoil this Wednesday awarded long-term vessel contracts to four carriers for a total value of NOK 3.1 billion. "It's important to secure long-term contracts in today's market," DOF's Chief Exec tells E24.

The news from Statoil this Wednesday that the oil major awarded contracts for offshore vessels totaling NOK 3.1 billion (USD 369.5 million) hit a dry spot for the sector.

The contracts have been signed with Norwegian offshore carriers Solstad Farstad, Havila Shipping, Skansi Offshore, and DOF.

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