ABS Marine Services Bags Landmark Offshore Deal

ABS Marine Services has secured a landmark 5-year Charter Party Agreement with Hardy Exploration & Production (India) Inc., acting alongside joint venture partners ONGC and Invenire Petrodyne. Under this contract, ABS Marine Services will deploy its premier Anchor Handling Tug Supply (AHTS) vessel, MV Artemis, to support critical offshore petroleum exploration and production activities along India’s east coast. The agreement features a firm five-year tenure from the date of mobilization, with a charterer's option to extend the deployment for up to an additional 1,825 days.

News by Rahul Yelligetti.