Magazine T&B
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Phase I will utilize the existing platform and two wells.
The contract duration is 209 days, on a $143.000 day rate.
Damar field has a projected capacity of 200 million cubic feet of gas per day.
Company to build a KFELS B Class jackup rig worth $218 million.
The contract commenced in September 2013.
Vessel is one of two EOC´s FPSO.
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