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Wednesday, April 7, 2010 as of 11:14 AM ET

Hercules

Hercules

Hercules is the Roman name for Greek demigod Heracles, son of Zeus (the Greek equivalent of the Roman god Jupiter) and the mortal Alcmene.

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DOF Subsea Gets New Pact For Construction Vessel From Subsea 7

DOW JONES NEWSWIRESNorwegian offshore engineer DOF ASA (DOF.

OS) said Tuesday that seabed-to-surface engineering contractor Subsea 7 SA (SUBC.OS) has exercised an option with its DOF Subsea AS unit to extend the contract on the construction vessel Skandi Seven by 1 year from Mar. 31, 2013.MAIN FACTS:-DOF Subsea has previously announced that Subsea 7 has fixed the vessel Skandi Skansen for a period of 100-200 days per year over the next 4 years.-Subsea 7 has declared an option and extended the contract and will utilize the vessel Skandi Skansen for a fixed period until Jul. 2013.-DOF Subsea Asia Pacific has entered into several contracts in the Far East where the vessels Skandi Singapore, Skandi Hercules and Geobay will be utilized under the contracts.-DOF Subsea Atlantic has entered into a contract with ConocoPhillips (COP) where the vessel Skandi Skolten will be utilized under the contract.-The total value of the new contracts are about NOK520 million.Copyright © 2012 Dow Jones Newswir...

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