accommodation barge

Petra Marine Sells Two Accommodation Barges for Combined $15 Million in Separate Deals

Malaysia's Petra Marine has agreed to sell two Malaysian-flagged accommodation work barges in separate deals totaling $15 million. The Petra Endeavour was sold to India-based AJR Oil & Gas Engineering Services for $7.75m, and the Petra Orbit to UAE-registered Beaufond Swissline for $7.25m. Petra Marine said the sales will reduce future laid-up, reactivation, and drydocking costs.