NDO 4.12% 88.5¢ nido education limited

first oil, page-6

  1. 6,353 Posts.
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    Salty,
    No idea what the day rate is, but you can be sure rates have gone up a lot since the contract for "Ruby Red" was signed.

    I just did a quick search for rates, and a co. in Malaysia that has a fleet of 40 vessels (not all FPSO), is charging $278K/day for their top line FPSO, and $88.3K/day for their smallest, the Bunga Kertas FPSO, which has a crude stabilisation capacity of 52K bopd.

    Another one I found, the BW Pearce - 40K bopd, signed a contract in Oct 06 to commence mid 07, on a day rate of approx. $71K. I guess the 'Intrepid' would fall roughly into this category.
 
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