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    Valeura extends Jasmine FPSO charter offshore Thailand

    June 1, 2023
    Valeura Energy has extended two contracts for the Jasmine oil field in the Gulf of Thailand.
    Photo 98099804 © Marko Bukorovic | Dreamstime.com
    Gulf Of Thailand

    Offshore staff

    Courtesy Valeura Energy's "Corporate Overview, May 2023"
    As the second largest oil producer in Thailand, Valeura Energy acquired KrisEnergy in June 2022 and Mubadala Energy in March 2023.
    As the second largest oil producer in Thailand, Valeura Energy acquired KrisEnergy in June 2022 and Mubadala Energy in March 2023.
    CALGARY, Canada — Valeura Energy has extended two contracts for the Jasmine oil field in the Gulf of Thailand.

    The charter of the FPSO and the contract for provision of operating and maintenance services for the vessel will now run a further five years until the end of 2028.

    In addition, the company is allocating about $9 million in capital projects to refurbish the FPSO to ensure continued reliability to extend the vessel’s class certification.

    06.01.2023

    Related

    Courtesy MODEC
    MODEC-owned FPSO Jasmine Venture MV7 (ex-Buffalo Venture) was modified and redeployed for Jasmine field development.
    Courtesy Valeura Energy
    Valeura holds an operated interest in five shallow-water offshore licenses in the Gulf of Thailand.
    Photo 98099804 © Marko Bukorovic | Dreamstime.com
    Gulf Of Thailand
    Courtesy VesselFinder.com
    The JAKA TARUB vessel is a crude oil tanker built in 1999 and sails under the flag of Liberia.