Confirming Upstream reports in May, PetroVietnam Technical Services Corporation (PTSC) will partner with Kuala Lumpur-listed oilfield services provider Yinson under an engineering, procurement, construction and installation contract and a bareboat charter contract for the vessel.
The vessel will be a small production floater with processing capacity for 18,000 barrels per day of crude and storage for 350,000 barrels, Upstream reported, to be onward chartered to the Lam Son joint operating company when completed.
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