Prosafe acquires VLCC

Feb. 3, 2006
Prosafe says it has entered into an agreement to purchase a VLCC for possible conversion into an FPSO.

Offshore staff

(Norway) - Prosafe says it has entered into an agreement to purchase a VLCC for possible conversion into an FPSO.

The vessel was built by Hyundai Heavy Industries in 1988 and has a storage capacity of 1.9 MMbbl.

Prosafe says it has observed a strong demand for FPSOs and considers the acquired hull as a very suitable conversion candidate for several identified projects.

02/03/06