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#11
OceanSTAR Elite / Vietnam - Lac Da Vang FSO
Last post by Administrator - May 16, 2026, 07:17 AMOceanSTAR ELITE Secures EPCC Contract for FSO Project
17 Oct 2024
OceanSTAR Elite Group of Companies is pleased to announce award of an Engineering, Procurement, Construction and Commissioning (EPCC) contract for a Floating Storage Offloading (FSO) unit, which be moored and operated in an offshore block within region. The ceremony of the project will be held in Nantong on October 18, 2024.
It proves our capabilities and reputation again. OceanSTAR is committed to boost customer satisfaction in all Safety, Technical, Quality and Scheduling aspects, with continuous enhancement of Technical Expertise, Productivity and Innovation.
17 Oct 2024
OceanSTAR Elite Group of Companies is pleased to announce award of an Engineering, Procurement, Construction and Commissioning (EPCC) contract for a Floating Storage Offloading (FSO) unit, which be moored and operated in an offshore block within region. The ceremony of the project will be held in Nantong on October 18, 2024.
It proves our capabilities and reputation again. OceanSTAR is committed to boost customer satisfaction in all Safety, Technical, Quality and Scheduling aspects, with continuous enhancement of Technical Expertise, Productivity and Innovation.
#12
OceanSTAR Elite / Re: Malaysia - Sepat FPSO
Last post by Administrator - May 16, 2026, 07:15 AMOceanSTAR Elite Group Signs Purchase Order with AECC Gas Turbine for Five Taihang 7 Gas Turbines
31 Mar 2026
On March 31, OceanSTAR Elite Group ("OSE") and AECC Gas Turbine ("AECC GT") held a signing ceremony in Nantong, Jiangsu, and officially signed a Purchase Order (PO) for five Taihang 7 gas turbines. This procurement marks a key milestone in the execution of OSE's FPSO project for the Sepat Integrated Redevelopment Project of PETRONAS Carigali Sdn. Bhd.
The five Taihang 7 gas turbines will be deployed on the FPSO serving the project. As the contractor for the provision of lease, operation and maintenance (O&M) services for the FPSO, OSE views this PO as an important step in strengthening the project's critical equipment configuration and overall delivery readiness, while further reinforcing its execution capability across the offshore energy value chain.
This signing not only represents a significant procurement milestone for the Sepat FPSO project, but also reflects OSE's commitment to working with leading equipment partners to deliver high-quality offshore energy solutions. Looking ahead, the company will continue to leverage its strengths in project development, engineering integration, execution management and resource coordination to support complex offshore energy projects in international markets.
31 Mar 2026
On March 31, OceanSTAR Elite Group ("OSE") and AECC Gas Turbine ("AECC GT") held a signing ceremony in Nantong, Jiangsu, and officially signed a Purchase Order (PO) for five Taihang 7 gas turbines. This procurement marks a key milestone in the execution of OSE's FPSO project for the Sepat Integrated Redevelopment Project of PETRONAS Carigali Sdn. Bhd.
The five Taihang 7 gas turbines will be deployed on the FPSO serving the project. As the contractor for the provision of lease, operation and maintenance (O&M) services for the FPSO, OSE views this PO as an important step in strengthening the project's critical equipment configuration and overall delivery readiness, while further reinforcing its execution capability across the offshore energy value chain.
This signing not only represents a significant procurement milestone for the Sepat FPSO project, but also reflects OSE's commitment to working with leading equipment partners to deliver high-quality offshore energy solutions. Looking ahead, the company will continue to leverage its strengths in project development, engineering integration, execution management and resource coordination to support complex offshore energy projects in international markets.
#13
OceanSTAR Elite / Re: Malaysia - Sepat FPSO
Last post by Administrator - May 16, 2026, 07:14 AMOceanSTAR Elite and SBW Sign Compressor Purchase Order for Sepat FPSO Project
20 Apr 2026
On April 20, 2026, OceanSTAR Elite Group ("OSE") and Shenyang Blower Works Group Corporation ("SBW") held a purchase order signing ceremony in Singapore and officially signed a procurement agreement for 2 sets of AG Compressors (2BCL457) and 1 set of GIGL Compressor (BCL306A) for the Sepat FPSO Project.
This procurement marks another important milestone in the execution of OSE's Sepat FPSO project. The compressors covered under this purchase order will form part of the key process equipment package for the FPSO, further supporting project delivery readiness and the overall development of the Sepat field.
The signing also reflects OSE's continued commitment to working with established equipment partners to secure critical long-lead items and strengthen project execution. At the same time, it aligns with OSE's broader effort to develop a more integrated and reliable Supply Chain ECOsystem, bringing together capable partners, technical resources and delivery support to better serve complex offshore energy projects.
As the project moves forward, OSE will continue to advance procurement, engineering coordination and delivery planning in support of the successful implementation of the Sepat FPSO. Through closer collaboration with strategic suppliers and industry partners, OSE aims to further enhance supply chain resilience, execution efficiency and overall project delivery capability.
This purchase order signing also demonstrates the steady progress of the Sepat FPSO project and highlights the importance of close collaboration between project stakeholders and equipment suppliers. OSE remains focused on delivering a reliable and efficient offshore energy solution for the project through disciplined execution and integrated resource coordination.
20 Apr 2026
On April 20, 2026, OceanSTAR Elite Group ("OSE") and Shenyang Blower Works Group Corporation ("SBW") held a purchase order signing ceremony in Singapore and officially signed a procurement agreement for 2 sets of AG Compressors (2BCL457) and 1 set of GIGL Compressor (BCL306A) for the Sepat FPSO Project.
This procurement marks another important milestone in the execution of OSE's Sepat FPSO project. The compressors covered under this purchase order will form part of the key process equipment package for the FPSO, further supporting project delivery readiness and the overall development of the Sepat field.
The signing also reflects OSE's continued commitment to working with established equipment partners to secure critical long-lead items and strengthen project execution. At the same time, it aligns with OSE's broader effort to develop a more integrated and reliable Supply Chain ECOsystem, bringing together capable partners, technical resources and delivery support to better serve complex offshore energy projects.
As the project moves forward, OSE will continue to advance procurement, engineering coordination and delivery planning in support of the successful implementation of the Sepat FPSO. Through closer collaboration with strategic suppliers and industry partners, OSE aims to further enhance supply chain resilience, execution efficiency and overall project delivery capability.
This purchase order signing also demonstrates the steady progress of the Sepat FPSO project and highlights the importance of close collaboration between project stakeholders and equipment suppliers. OSE remains focused on delivering a reliable and efficient offshore energy solution for the project through disciplined execution and integrated resource coordination.
#14
OceanSTAR Elite / Malaysia - Sepat FPSO
Last post by Administrator - May 16, 2026, 07:13 AMOceanSTAR Elite and CMHI (Jiangsu) Sign EPC Contract for Sepat FPSO Project
15 May 2026
OceanSTAR Elite Group ("OSE") and China Merchants Heavy Industry (Jiangsu) Co., Ltd. ("CMHI Jiangsu") held the Engineering, Procurement and Construction ("EPC") Contract Signing Ceremony for the Floating Production, Storage and Offloading ("FPSO") unit for the PETRONAS Sepat Integrated Redevelopment Project.
The signing of the EPC contract marks a major milestone in the execution of the Sepat FPSO Project and represents an important step forward in transforming the project from contract award and planning into full-scale engineering, procurement and construction implementation.
As one of China's leading offshore and marine construction yards, CMHI Jiangsu brings extensive experience in complex vessel construction, offshore engineering, project execution and integrated delivery. Under the EPC contract, CMHI Jiangsu will play a key role in supporting the construction and delivery of the FPSO, working closely with OSE and other project stakeholders to ensure safe, efficient and timely project execution.
This collaboration combines OSE's offshore project development, engineering and execution capabilities with CMHI Jiangsu's strong shipbuilding and offshore construction expertise. It also reflects OSE's continued strategy of working with capable and reliable industry partners to strengthen project delivery and build a robust execution platform for FPSO, FSO and FPU projects.
The Sepat FPSO Project is an important project for OSE in Malaysia and reflects the Group's continued commitment to delivering fit-for-purpose offshore production solutions for the regional energy market. With the EPC contract now in place, OSE will continue to advance detailed engineering, procurement, construction planning and project coordination in close collaboration with CMHI Jiangsu and other partners.
OSE would like to express its appreciation to CMHI Jiangsu and all supporting parties for their continued cooperation and commitment. The signing of this contract further strengthens the foundation for the successful delivery of the Sepat FPSO Project and demonstrates the shared objective of all parties to execute the project with high standards of safety, quality and performance.
15 May 2026
OceanSTAR Elite Group ("OSE") and China Merchants Heavy Industry (Jiangsu) Co., Ltd. ("CMHI Jiangsu") held the Engineering, Procurement and Construction ("EPC") Contract Signing Ceremony for the Floating Production, Storage and Offloading ("FPSO") unit for the PETRONAS Sepat Integrated Redevelopment Project.
The signing of the EPC contract marks a major milestone in the execution of the Sepat FPSO Project and represents an important step forward in transforming the project from contract award and planning into full-scale engineering, procurement and construction implementation.
As one of China's leading offshore and marine construction yards, CMHI Jiangsu brings extensive experience in complex vessel construction, offshore engineering, project execution and integrated delivery. Under the EPC contract, CMHI Jiangsu will play a key role in supporting the construction and delivery of the FPSO, working closely with OSE and other project stakeholders to ensure safe, efficient and timely project execution.
This collaboration combines OSE's offshore project development, engineering and execution capabilities with CMHI Jiangsu's strong shipbuilding and offshore construction expertise. It also reflects OSE's continued strategy of working with capable and reliable industry partners to strengthen project delivery and build a robust execution platform for FPSO, FSO and FPU projects.
The Sepat FPSO Project is an important project for OSE in Malaysia and reflects the Group's continued commitment to delivering fit-for-purpose offshore production solutions for the regional energy market. With the EPC contract now in place, OSE will continue to advance detailed engineering, procurement, construction planning and project coordination in close collaboration with CMHI Jiangsu and other partners.
OSE would like to express its appreciation to CMHI Jiangsu and all supporting parties for their continued cooperation and commitment. The signing of this contract further strengthens the foundation for the successful delivery of the Sepat FPSO Project and demonstrates the shared objective of all parties to execute the project with high standards of safety, quality and performance.
#15
Seadrill / West Neptune
Last post by Administrator - May 02, 2026, 01:51 PM
Seadrill has successfully secured two significant contract awards in the U.S. Gulf of Mexico, further enhancing its robust offshore drilling portfolio. These contracts, valued at approximately $260 million, underscore Seadrill's continued leadership in ultra-deepwater drilling solutions.
The award includes a 365-day contract extension for the West Neptune, one of Seadrill's most advanced ultra-deepwater drillships. Operations are set to commence in September 2026. In addition, Seadrill's West Vela drillship has been granted a 270-day program, with an expected start in August 2026.
Both drillships will support LLOG Exploration, a key subsidiary of Harbour Energy, in ongoing offshore projects in the U.S. Gulf. Seadrill's relationship with LLOG spans over a decade, marked by a history of outstanding operational performance and mutual success.
Seadrill's CEO Samir Ali commented on the new awards: "We are thrilled to continue our successful partnership with LLOG. The strong operational performance delivered by the West Neptune and West Vela teams has been instrumental in securing follow-up work, further solidifying our position in the ultra-deepwater drilling market."
#16
Seadrill / West Vela
Last post by Administrator - May 02, 2026, 01:50 PMSeadrill has successfully secured two significant contract awards in the U.S. Gulf of Mexico, further enhancing its robust offshore drilling portfolio. These contracts, valued at approximately $260 million, underscore Seadrill's continued leadership in ultra-deepwater drilling solutions.
The award includes a 365-day contract extension for the West Neptune, one of Seadrill's most advanced ultra-deepwater drillships. Operations are set to commence in September 2026. In addition, Seadrill's West Vela drillship has been granted a 270-day program, with an expected start in August 2026.
Both drillships will support LLOG Exploration, a key subsidiary of Harbour Energy, in ongoing offshore projects in the U.S. Gulf. Seadrill's relationship with LLOG spans over a decade, marked by a history of outstanding operational performance and mutual success.
Seadrill's CEO Samir Ali commented on the new awards: "We are thrilled to continue our successful partnership with LLOG. The strong operational performance delivered by the West Neptune and West Vela teams has been instrumental in securing follow-up work, further solidifying our position in the ultra-deepwater drilling market."
#17
Exploration / Petrobras confirms new gas dis...
Last post by Administrator - May 02, 2026, 01:15 PM18 March 2026
Petrobras informs a new gas discovery in the Copoazu-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. This discovery consolidates the gas province and the gas potential in the Colombian offshore, while also adds a greater volume of gas to contribute to the region's energy security.
The Copoazu-1 well is located approximately 36 kilometers from the coast, at a water depth of 964 meters and 8 kilometers from the Sirius-1 (discovery) and Sirius-2 (appraisal) wells, highlighting its relevance within the exploratory context of Block GUA-OFF-0. The drilling of the Copoazu‑1 well began on November 11, 2025, and is progressing safely, with respect for the environment and for people.
The gas-bearing intervals were identified through electric logs and fluid sampling, confirming the presence of gas in an additional objective beyond the main objective, making the discovery even more significant. The gas-bearing intervals will be further characterized by laboratory analyses. Petrobras' activities in Block GUA-OFF-0 are aligned with the company's long-term strategy, aiming to replenish oil and gas reserves through exploration of new frontiers and partnerships with other companies, ensuring the supply of global energy demand during the energy transition.
Petrobras, through its subsidiary Petrobras International Braspetro B.V – Colombia Branch (PIB-COL), acts as the operator of the consortium (44.44% interest), in partnership with Ecopetrol S.A. (55.56% interest).
Petrobras informs a new gas discovery in the Copoazu-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. This discovery consolidates the gas province and the gas potential in the Colombian offshore, while also adds a greater volume of gas to contribute to the region's energy security.
The Copoazu-1 well is located approximately 36 kilometers from the coast, at a water depth of 964 meters and 8 kilometers from the Sirius-1 (discovery) and Sirius-2 (appraisal) wells, highlighting its relevance within the exploratory context of Block GUA-OFF-0. The drilling of the Copoazu‑1 well began on November 11, 2025, and is progressing safely, with respect for the environment and for people.
The gas-bearing intervals were identified through electric logs and fluid sampling, confirming the presence of gas in an additional objective beyond the main objective, making the discovery even more significant. The gas-bearing intervals will be further characterized by laboratory analyses. Petrobras' activities in Block GUA-OFF-0 are aligned with the company's long-term strategy, aiming to replenish oil and gas reserves through exploration of new frontiers and partnerships with other companies, ensuring the supply of global energy demand during the energy transition.
Petrobras, through its subsidiary Petrobras International Braspetro B.V – Colombia Branch (PIB-COL), acts as the operator of the consortium (44.44% interest), in partnership with Ecopetrol S.A. (55.56% interest).
#18
South America / Re: Brazil - Búzios 8 - Petrob...
Last post by Administrator - May 02, 2026, 01:13 PMPetrobras brings forward start of production of Búzios 8 (P-79)
1 May 2026
The P-79 platform, located in the pre-salt layer of the Santos Basin, began production on 01/05, three months ahead of the date scheduled in the 2026–2030 Business Plan (PN 26–30) and a total of five months ahead compared to the previous year's plan (PN 25–29). The eighth platform in the Búzios field, with a capacity of 180 thousand barrels of oil and gas compression of 7.2 million m³ per day, the unit will increase the field's installed production capacity to approximately 1.33 million barrels of oil per day.
Measuring 345 meters in length and 180 meters in height (up to the top of the flare), P-79 arrived in Brazil in February, coming from South Korea, carrying the commissioning and operations teams on board. This strategy generated value by eliminating the need for a stop in sheltered waters in Brazil, in addition to gains in safety, reliability, and operational readiness due to the advancement of system commissioning during the transit. The project will allow gas to be exported to the mainland via connection with the Rota 3 gas pipeline, with the potential to expand gas supply in Brazil by up to 3 million m³ per day.
As of today, production will be gradually increased as the wells are connected to the platform, in line with the stabilization of the unit's systems.
According to Sylvia Anjos, Petrobras' Director of Exploration and Production, "each new unit brought into production demonstrates the company's commitment to the country's energy security. The way we do this reflects Petrobras' history, marked by operational excellence and overcoming limits."
"The early start-up of P-79 shows Petrobras' ability to plan and deliver complex projects, from engineering to operation, with a permanent focus on safety," says Petrobras' Director of Engineering, Technology and Innovation, Renata Baruzzi.
The P-79 platform, an FPSO-type unit (a platform that produces, stores, and offloads oil), is a hull with a new design equipped with technologies to reduce emissions and increase operational efficiency. The FPSO is part of the Búzios 8 Production Development project, which includes 14 wells, 8 producers and 6 injectors, equipped with intelligent completion systems that enhance production management. The unit will be connected through rigid pipelines for production, injection, and gas export, as well as flexible pipelines for service lines, enabling the high-capacity production planned for the field's wells.
The Búzios field is the largest in the country in terms of reserves and, last year, surpassed the mark of 1 million barrels per day. Discovered in 2010, it is located 180 km off the coast of the state of Rio de Janeiro, in ultra-deep waters of the Santos Basin, at depths greater than 2,000 meters. The FPSOs P-74, P-75, P-76, P-77, Almirante Barroso, Almirante Tamandaré, and P-78—which began operations in December 2025—are currently operating in the field. The FPSOs P-80, P-82, and P-83 are still under construction, and Búzios 12 is under bidding. In total, the Búzios field will comprise 12 FPSOs.
The Búzios consortium operating in the field is composed of Petrobras (operator), the Chinese partner companies CNOOC and CNODC, and PPSA, the company responsible for managing production-sharing contracts.
1 May 2026
The P-79 platform, located in the pre-salt layer of the Santos Basin, began production on 01/05, three months ahead of the date scheduled in the 2026–2030 Business Plan (PN 26–30) and a total of five months ahead compared to the previous year's plan (PN 25–29). The eighth platform in the Búzios field, with a capacity of 180 thousand barrels of oil and gas compression of 7.2 million m³ per day, the unit will increase the field's installed production capacity to approximately 1.33 million barrels of oil per day.
Measuring 345 meters in length and 180 meters in height (up to the top of the flare), P-79 arrived in Brazil in February, coming from South Korea, carrying the commissioning and operations teams on board. This strategy generated value by eliminating the need for a stop in sheltered waters in Brazil, in addition to gains in safety, reliability, and operational readiness due to the advancement of system commissioning during the transit. The project will allow gas to be exported to the mainland via connection with the Rota 3 gas pipeline, with the potential to expand gas supply in Brazil by up to 3 million m³ per day.
As of today, production will be gradually increased as the wells are connected to the platform, in line with the stabilization of the unit's systems.
According to Sylvia Anjos, Petrobras' Director of Exploration and Production, "each new unit brought into production demonstrates the company's commitment to the country's energy security. The way we do this reflects Petrobras' history, marked by operational excellence and overcoming limits."
"The early start-up of P-79 shows Petrobras' ability to plan and deliver complex projects, from engineering to operation, with a permanent focus on safety," says Petrobras' Director of Engineering, Technology and Innovation, Renata Baruzzi.
The P-79 platform, an FPSO-type unit (a platform that produces, stores, and offloads oil), is a hull with a new design equipped with technologies to reduce emissions and increase operational efficiency. The FPSO is part of the Búzios 8 Production Development project, which includes 14 wells, 8 producers and 6 injectors, equipped with intelligent completion systems that enhance production management. The unit will be connected through rigid pipelines for production, injection, and gas export, as well as flexible pipelines for service lines, enabling the high-capacity production planned for the field's wells.
The Búzios field is the largest in the country in terms of reserves and, last year, surpassed the mark of 1 million barrels per day. Discovered in 2010, it is located 180 km off the coast of the state of Rio de Janeiro, in ultra-deep waters of the Santos Basin, at depths greater than 2,000 meters. The FPSOs P-74, P-75, P-76, P-77, Almirante Barroso, Almirante Tamandaré, and P-78—which began operations in December 2025—are currently operating in the field. The FPSOs P-80, P-82, and P-83 are still under construction, and Búzios 12 is under bidding. In total, the Búzios field will comprise 12 FPSOs.
The Búzios consortium operating in the field is composed of Petrobras (operator), the Chinese partner companies CNOOC and CNODC, and PPSA, the company responsible for managing production-sharing contracts.
#19
FPSO Designs / OceanSTAR Elite OS ELITE-800
Last post by Administrator - May 01, 2026, 10:46 AM
OceanSTAR Elite Group (OSE) has achieved a significant industry milestone with the receipt of Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its OS ELITE-800 Generic Hull Solution. The approval was formally presented during a ceremony held on 22 April 2026 in Singapore, underscoring growing industry confidence in OSE's standardized floater development strategy for offshore energy applications.
The OS ELITE Series is built around OSE's "Design-One, Built-Many" philosophy, which focuses on developing a standardized hull platform that can be adapted across multiple floating production solutions, including FPU, FSO, and FPSO applications. By combining standardization with project-specific flexibility, the series aims to improve efficiency, reduce engineering redundancy, and support more scalable offshore development solutions.
Within the series, the OS ELITE-800 is designed for storage capacities ranging from 600,000 to 800,000 barrels and forms a key part of OSE's broader floater portfolio, which also includes the OS ELITE-400, OS ELITE-600, and OS ELITE-1600. Together, these variants are intended to address a wide range of field development requirements and operational scenarios, offering a more structured and modular approach to offshore asset design.
In parallel development progress, OceanSTAR Engineering Holdings Sdn. Bhd. has also received Approval in Principle from Bureau Veritas Marine & Offshore (BV) for the OS ELITE-800 generic Suezmax-sized FPSO hull concept. This approval includes a basic design assessment and supports efforts to standardize FPSO solutions to shorten project timelines and reduce early-stage development risks across the offshore sector.
The OS ELITE-800 FPSO concept is intended for deployment in Southeast Asia and is designed with flexibility in mind, supporting both external turret mooring and spread mooring configurations depending on field conditions. It is engineered to accommodate topside process facilities of up to 20,000 metric tons for oil and gas production, making it suitable for large-scale offshore developments.
Structurally, the design features a conventional ship-shaped hull with integrated marine systems for cargo storage, ballast management, and oil transfer operations. The Bureau Veritas assessment was conducted in accordance with NR445 classification rules for offshore units and relevant international standards, covering key aspects such as intact and damaged stability, freeboard requirements, structural scantlings, and verification of electrical generation and distribution systems. This ensures early-stage alignment with safety, structural integrity, and operational performance requirements.
Together, the approvals from ABS and Bureau Veritas mark a major step forward in validating OSE's standardized FPSO and floater development strategy. The company has expressed appreciation for the collaboration with both classification societies and continues to work with industry partners to advance safer, more efficient, and commercially viable offshore energy solutions.
#20
London Marine Consultants / PNG - FSO
Last post by Administrator - Apr 24, 2026, 05:10 AMLMC are pleased to announce the receipt of a Letter of Award (LOA) from MISC for the EPC supply of an External Turret Mooring System that will be used on a new Floating Storage and Offloading (FSO) unit for the PNG LNG Project in Papua New Guinea.
The Operator of the PNG LNG Project, ExxonMobil, together with the operator of the PNG Oil Fields, Santos, has recently awarded MISC Group a long-term bareboat charter and operations and maintenance contracts for the FSO unit under a firm 15-year charter.
The FSO, designed for a 30‑year operational lifespan and a minimum storage capacity of 800,000 bbl, is due to start operations as part of the Kutubu Pipeline System, operated by Santos, during the first half of 2028.
It will be Papua New Guinea's first offshore floating facility, with specifications that include capabilities to handle condensate for prospective future projects.
The vessel will support storage and offloading of liquid hydrocarbons at the terminal, including crude oil and condensate produced from various fields in Papua New Guinea.
The turret and mooring system will be designed from LMC's headquarters in London and fabricated in SE Asia, it will be LMC's 16th design and follows closely behind their award in 2025 of the turret for the PTSC SEA Block B FSO that is now under construction in Vung tau, Vietnam.
The Operator of the PNG LNG Project, ExxonMobil, together with the operator of the PNG Oil Fields, Santos, has recently awarded MISC Group a long-term bareboat charter and operations and maintenance contracts for the FSO unit under a firm 15-year charter.
The FSO, designed for a 30‑year operational lifespan and a minimum storage capacity of 800,000 bbl, is due to start operations as part of the Kutubu Pipeline System, operated by Santos, during the first half of 2028.
It will be Papua New Guinea's first offshore floating facility, with specifications that include capabilities to handle condensate for prospective future projects.
The vessel will support storage and offloading of liquid hydrocarbons at the terminal, including crude oil and condensate produced from various fields in Papua New Guinea.
The turret and mooring system will be designed from LMC's headquarters in London and fabricated in SE Asia, it will be LMC's 16th design and follows closely behind their award in 2025 of the turret for the PTSC SEA Block B FSO that is now under construction in Vung tau, Vietnam.