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Keppel, Ezra ,PetroVietnam joint

Keppel, Ezra ,PetroVietnam joint
Keppel Offshore and Marine, Ezra Holdings, EOC Ltd and PetroVietnam Transportation have formed a joint venture to own and operate a floating production and storage offshore vessel in Vietnam.

Keppel, Ezra and PetroVietnam in joint venture.

Keppel Offshore and Marine, Ezra Holdings, EOC Ltd and PetroVietnam Transportation have formed a joint venture to own and operate a floating production and storage offshore vessel in Vietnam. The joint venture, PV Keez, will supply an FPSO for the $1bn contract for Premier Oil"s Chim Sao project. Ezra will be selling a 168,000 dwt suezmax tanker Lewek Emas to the joint venture for conversion to an FPSO. Keppel is taking a 20% stake in the joint venture through its subsidiary KSI Production and will invest up to $30m.

www.turkishmaritime.com.tr

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