PSV KL Barentsfjord was awarded a 6+6 monthly contract with Repsol Sinopec UK Limited for support of JU Ensco 100. The contract commenced in May 2019.

We are also pleased to announce that the company has been awarded a contract with CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, for the PSV KL Brisfjord. The vessel will support the drilling of Cragganmore prospect, located West of Shetland, Block 208/17a. Drilling at Cragganmore is scheduled to commence in summer 2019. CNOOC Petroleum Europe Limited holds a 70% interest in Cragganmore and is the operator. INEOS holds a 30% interest.

K Line Offshore AS is grateful that our PSVs have been chosen for the aforementioned scopes.