POSH will provide the 143-metre semi-submersible Posh Xanadu (built 2014) for about one year starting in December, with an option for an additional year.
The contract extension would take the value to about $144m.
The 750-bed Posh Xanadu, which is being built by China’s PaxOcean Engineering Zhoushan for delivery in the third quarter of this year, will support Brazilian state-giant Petrobras in the Campos Basin.
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