Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/eoc-secures-award-from-hess-for-its-fpso-lewek-aru.shtmlEOC secures award from Hess for its FPSO Lewek Arunothai
EOC Limited has secured a Letter Of Award ('LOA') from Hess Exploration
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EOC Limited has secured a Letter Of Award ('LOA') from Hess Exploration and Production Malaysia B.V. ('Hess E&P Malaysia') via its Malaysian agent Larizz Petroleum Services Sdn Bhd, for the charter of the Group's floating production, storage and offloading ('FPSO') vessel, the Lewek Arunothai.
The Group's latest client, Hess E&P Malaysia, is part of a global energy group that is engaged in oil & gas exploration and production as well as refining and marketing of refined petroleum products, natural gas and electricity.
This LOA is for a three-year charter with extension options of up to three years will require Lewek Arunothai to be redeployed as part of a fast-track gas production project in the North Malay Basin, Malaysia. The FPSO will be used to support early production activities and is targeted to be on station from mid-2013.
