Modec Inc.’s floating storage and offloading unit Ta’Kuntah has reached a milestone in the industry—offloading a total of 1 billion bbl of oil to 1,745 export tankers. The FSO, owned and operated by ...
Lloyd’s Register (LR) has granted an Approval in Principle (AiP) to Wison New Energies for a harsh-environment floating production storage and offloading (FPSO) design featuring an internal turret ...
An initial 10-year charter is up for grabs, said sources, with options likely to push the job out even further. “It’s a beautiful job,” said one source. “After the initial period, it’s likely to run ...
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