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Demolition Activity Up 40% Versus 2020 | Hellenic Shipping News Worldwide

Demolition Activity Up 40% Versus 2020 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Norway: OKEA expects significant operational synergies and positive cash flow effects following reorganisation of operations at the Yme field

Norway: OKEA expects significant operational synergies and positive cash flow effects following reorganisation of operations at the Yme field 01 Jun 2021 Repsol Norge, as operator of the Yme licence, has on behalf of the license entered into agreements to take over day-to-day operations of the jack-up rig Mærsk Inspirer from Maersk Drilling ( MD ). According to the agreements, MD will sell Mærsk Inspirer to Havila Sirius and the Yme licensees will lease the rig from Havila under a bareboat charter whereby the Yme licence will take ownership of the rig at the end of the lease period.  The reorganisation of operations is expected to enable operational synergies and significant positive cash flow effects for the Yme licence partners.

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