Petronas Carigali taps Singapore firm for newbuild FPSO

Singapore-based OceanSTAR Elite has entered into a long-term contract with Petronas Carigali for the provision of lease, operation, and maintenance of an FPSO unit. The contract was won via its Malaysian arm OceanSTAR Engineering Holding. The deal comprises a 15-year firm charter period with extension options, supporting the Petronas Carigali’s Sepat Integrated Redevelopment Project, offshore …

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