Euronav wins Maersk FSO contracts

Maersk Oil Qatar AS has awarded two contracts to Euronav NV for FSO services on the Al Shaheen field offshore Qatar.

Offshore staff

ANTWERP -- Maersk Oil Qatar AS has awarded two contracts to Euronav NV for FSO services on the Al Shaheen field offshore Qatar. The award has been made in favor of a joint venture between Euronav NV and Overseas Shipholding Group (OSG).

The eight-year contracts are to be performed by two vessels, theTI Asia and the TI Africa, both double hull tankers with 442,000 dwt, the largest ships of this type in the world and currently owned by Euronav and OSG.

The contracts will call for extensive conversion and the vessels will commence the provision of FSO services in July and September of 2009.

02/28/2008

More in Rigs/Vessels