Fso News

Vietnam: FSO PTSC Bien Dong 01 Contract Renewed for 5 Years

Jun 06, 2023

PTSC South East Asia (PTSC SEA) has received a 5-year extension for the bareboat charter contract for FSO PTSC Bien Dong 01.PTSC South East Asia is a joint venture between Malaysia's Yinson Production (“YP”) and PetroVietnam Technical Services Corporation (PTSC). It is 49% and 51% owned by Yinson and PTSC, respectively.'The extension via the addendum entered by PTSC and PTSC SEA on 2 June 2023 sets an Extension Period for the Contract from 4 June 2023 to 3 June 2028…

Valeura Energy Halts Production at Wassana Oil Field after FSO 'Contacts' CALM Buoy

Jul 07, 2023

Valeura Energy said Friday it had temporarily suspended production operations at the Wassana oil field, offshore the Gulf of Thailand after the floating storage and offloading vessel (“FSO”) stationed at the field deviated from its intended…

UN Fails to Raise Funds to Remove Oil from Decaying Tanker Off Yemen's Coast

May 05, 2023

The United Nations on Thursday fell far short of raising the money it needs for an operation to salvage 1.1 million barrels of oil from a decaying vessel moored off Yemen's coast and avert an environmental disaster.U.N. officials have been warning…

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship

Mar 16, 2023

Authorities in Thailand on Thursday were working to avert a leak from a storage vessel carrying 400,000 barrels of crude oil.One crew member was killed after seawater entered the hull of the Benchamas 2 when a seal malfunctioned during maintenance earlier this week…

Vietnam: FSO Golden Star Receives First Condensate

Dec 04, 2020

Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…

With Dampier Spirit FSO Set to Leave Stag Field, Jadestone Turns to Tankers

Sep 03, 2020

Oil and gas firm Jadestone Energy has signed new offtake arrangements for its Stag offshore oil field in W. Australia as the FSO used to take oil off the Stag platform is set to retire.Jadestone’s Stag oilfield produces crude oil via a fixed leg…

BW Offshore Recycling FSO Belokamenka

Dec 10, 2018

The provider of floating production services to the oil and gas industry BW Offshore has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.The Oslo-listed company said in a press…