Soechi wins FSO contract from PetroChina
Tuesday, July 19 2016 - 01:43 AM WIB
IDX-listed PT Soechi Lines Tbk, which is engaged in marine transportation and shipyard services, said it has won a contract from PetroChina International Jabung Ltd for the lease of a floating, storage and offloading (FSO) vessel.
The company said in a statement as quoted by bisnis.com on Tuesday that an Aframax vessel it acquired in June of this year will be functioned as a storage for oil and condensate produced at the Jabung block, in Jambi.
Soechi did not disclose the value of the contract and other details.
The Jabung block is expected to produce 52,938 boepd of oil and condensate. (*)