Prosafe has been awarded a Letter of Intent (LoI) by StatoilHydro to provide the Safe Scandinavia flotel for work on the Snorre platform offshore Norway. The US $92m contract linked to the LoI has two firm durations, six months starting early May 2010 and six months starting in early April 2011. StatoilHydro has the option to replace the two firm periods with a continuous 17-month contract beginning May 2010.
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