Indian offshore vessel operator Seamec and state-owned enterprise Oil and Natural Gas Corporation (ONGC) have entered into an agreement for the charter hire of the dive support vessel (PSV) Seamec II.
The charter contract has a firm period of five years and an aggregate value of approximately US$127.7 million.
Seamec II will be deployed to serve the contract within 150 days from the date of the notification of award from ONGC.