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Publication permit No: 60/GP-TTĐT , April 05, 2010.
PVS signs service supply contract with Vietsovpetro
Date: 4/25/2009 11:40:00 AM
On March 5, Vietsovpetro joint venture and PetroVietnam Technical Service Joint Stock Corp (coded PVS) signed a principle contract on using the FSO 5 (Floating Storage Offloading).
PVS invested US$110 million in building the floating storage which receives oil through subsea pipes, processing the crude oil with satisfied export requirements, treating sewage, store and export oil. Under it, Vietsovpetro committed to use the storage after FSO 5 is operational and tested successfully.
The service supply contract includes FSO 5 generation, maintenance, human resources, equipments and materials to service the oil drilling process of Vietsovpetro in Bach Ho (White Tiger) oilfield. Two sides will hand over FSO 5 in Q2 of 2009.
(Source:VNBusinessnews)
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NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
