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
Maintenance Technician - C
Expertise: Maintenance Technician|Mechanical Technician
Location: San Antonio, TX
 
Equipment Operator - San Antonio
Expertise: Heavy Machinery Operator
Location: San Antonio, TX
 
Instrumentation & Electrical Project Estimator
Expertise: Electrician|Estimating|Project Management
Location: Spring, TX
 
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours