Farstad Shipping has announced a four-year contract for one of its anchor handlers with Brazilian oil major Petrobras.

Farstad anchor handler goes south
The contract for the offshore supply vessel operator’s 18,900-bhp Far Senior (built 1998) carries an extension option for Petrobras of another four years.

The contract, excluding options, will bring in revenue of around NOK 520m ($90m).

As well as anchor handling duties, the deal includes and remote operated services.