SBM Offshore has retired the floating storage and offloading vessel that has been deployed for 18 years at the Yetagun field off Myanmar.
SBM said in its latest financial results that the Yetagun FSO was recently decommissioned, and would be sold and transferred off its balance sheet in the third quarter this year for recycling.
As Upstream went to press, the FSO was moored at a shipyard in Singapore.
