Valeura Energy buys FSO working on Nong Yao field off Thailand

Canadian operator Valeura Energy has exercised its purchase option to acquire Nong Yao field’s , previously under lease from an Omni Offshore Terminals subsidiary. The purchase price for the vessel is $19m which will be funded with the company’s cash resources upon completion of the transaction, anticipated in June 2024. Given the pending expansion of …

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