Offshore floating production services provider EOC has commenced gas production on floating production, storage and offloading (FPSO) vessel Perisai Kamelia for Hess Exploration and Production Malaysia.
The vessel was deployed to a fast-track gas production project in the North Malay basin, Malaysia. According to the company, the vessel's charter commenced in November 2013.
The vessel has been assigned to support early production activities in the basin, under EOC's contract with Hess, and in co-operation with local Bumiputera Malaysian partner, Larizz Petroleum Services.
The contract was signed in November 2012 and encompasses a three-year charter period valued at about $272.1m, with extension options that are expected to add a further three years to the charter duration.
EOC chief operating officer Jon Dunstan said the FPSO's ability to achieve start-up and commissioning and gas production in a narrow time frame demonstrates the depth of the company's capabilities in the area.
"We will continue to study how we can use our expertise to expand our service offerings into an integrated delivery model followed by a life of field service to our clients. It will certainly help us boost our presence in south-east Asia, which offers excellent offshore opportunities for our vessels and services," Dunstan added.
Perisai Kamelia, the first of EOC's two FPSOs, was previously known as the Lewek Arunothai and was recently modified to meet operational requirements of the North Malay Basin.
An external turret mooring system was added to withstand tropical cyclone conditions, which was designed and fabricated by EOC affiliate companies.
EOC sold its 51% equity interest in Emas Victoria and Victoria Production Services, the entities which own and operate the FPSO respectively, to Perisai Production in August 2013.