Contract Extension with Jadestone and Vermillion
Summary
Bhagwan Marine is pleased to announce a two-year extension to its existing contract for the provision of marine, cargo and offtake support services to Jadestone Energy and Vermilion Energy.
The extension, valued at approximately AUD $25 million, will see the continued deployment of Bhagwan’s CMV Athos in support of operations at the Stag and Wandoo platforms, located within the Carnarvon Basin in north-western Australia.
This extension builds on a successful seven-year service history and reflects the strength of the long-standing partnerships between Bhagwan, Jadestone Energy and Vermilion Energy.
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