Vietnam’s Phu Quoc Petroleum Operating Company is finalising its contracting strategy for the floating storage and offloading vessel required for its flagship domestic Block B gas and condensate project.
The company, which is a subsidiary of PetroVietnam, is understood to be putting the finishing touches to its bid document to be released for the FSO contract.
Bid contests are already in full swing for most of the other elements of this multi-billion dollar offshore project.