Keppel, Ezra Team Up on $1B FPSO Order in Vietnam

According to a report by Reuters, Singapore firms Keppel Corp. and Ezra Holdings confirmed on Friday that they will establish a joint venture to supply a floating production, storage and offloading (FPSO) vessel to Premier Oil in Vietnam. The deal is valued around US $1 billion. 

In Vietnam Block 07/03, Premier Oil (30% equity) is integrating its 2009 drilling results from the eastern part of the block and shooting seismic on the central part of the block during 2010. Further drilling in Block 07/03 is slated for 2011. Seismic will also be shot over Block 104-109/05, in which Premier holds a 50% equity interest.
 

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Callout Offshore Mechanic
Expertise: Mechanic
Location: Broussard, LA
 
Engineer/Inspector for LNG Facilities
Expertise: Design Engineer|QA / QC / Inspection
Location: Houston, TX
 
Quality Control (QC) Technician
Expertise: QA / QC / Inspection
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours