THURSDAY, March 28, 2024
nationthailand

Leasing deal signed for FSO

Leasing deal signed for FSO

CHEVRON OFFSHORE (Thailand) Ltd(COTL) yesterday signed a contract with MISC Offshore Floating Terminals Limited (MOFT), a wholly owned subsidiary of MISC Berhad for the lease and operation of a Floating, Storage and Offloading Vessel (FSO). The FSO Bencha

The scope of work under the contract includes engineering, procurement, construction, installation, commissioning, lease and operations of FSO Benchamas 2 for a period of 10 years. The new vessel will replace the current Benchamas Explorer FSO to support safe, reliable, and continuous production from Chevron-operated fields within the B8/32 and G4/43 Blocks in the Gulf of Thailand. 
Benchamas 2 will feature the latest storage and offloading technologies, safety systems and environmental safeguards. The vessel has a cargo capacity of over 117,000 cubic meters, or about 740,000 barrels of oil equivalent.
Thailand’s public debt outstanding as of June 30, 2016 was at Bt5,924,055.53 million (42.83% of GDP), decreased by Bt53,297.79 million last month, according to Theeraj Athanavanich, Deputy Director General of Public Debt Management Office.
The total debt outstanding comprised Bt4,373,288.14 million of Government debt, Bt1,021,940.40 million of Non-Financial State-Owned Enterprises (SOEs) debt, Bt 517,517.92 million of Government Guaranteed Financial SOEs debt and Bt11,309.07 million of Other Government Agencies debt.
 
nationthailand