Malaysia Vietnam Offshore Terminal’s (MVOT) FSO Golden Star has acquired first condensate on the Sao Vang and Dai Nguyet (SVDN) challenge offshore Vietnam.
MISC Berhad, a 51 per cent proprietor of the MVOT three way partnership,
stated that the FSO acquired first condensate on 16 November 2020. The remaining
49 per cent stake within the JV is held by the PetroVietnam Technical Services
FSO Golden Star, with a storage capability of about 700,000
barrels of condensate, was efficiently transformed and sailed away from Malaysia
Marine and Heavy Engineering’s West Yard on 10 September 2020.
The vessel was deployed on the Idemitsu-operated SVDN challenge
in Blocks 05-1b and 05-1c offshore Vietnam.
MISC’s president and group CEO Yee Yang Chien stated: “Congratulations to FSO Golden Star for reaching this landmark condensate amidst the difficult and unprecedented international pandemic. I wish to take this chance to thank our consumer – Idemitsu Gas Production Vietnam for his or her belief and confidence positioned on our crew at MVOT.
“Our honest appreciation to our three way partnership companion – PTSC for the profitable collaboration and dedication to ship the very best to our consumer.
“To all of the challenge groups and subcontractors, effectively carried out and thanks on your dedication and dedication in prioritizing security all through your entire challenge resulting in FSO Golden Star’s profitable sail away and first condensate.
“This milestone achievement marks one other success for MISC in additional increasing the group’s presence in Vietnam and strengthening its footprint as one of many main gamers in offering floating offshore options in South East Asia”.
It is price noting that the FSO Golden Star is MISC’s second
floating asset that operates in Vietnam waters along with FPSO Ruby II.
Being transformed from the donor vessel YASA Golden Horn, FSO
Golden Star is designed to stay in steady service on the discipline for a
minimal of seven years with out dry-docking.
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