Photo credit: PaxOcean Group
PaxOcean Group has announced the successful delivery of Indonesia’s 1st floating production storage and offloading (FPSO) vessel conversion to SKK Migas, Medco E&P Natuna Ltd (Medco E&P) and Hanochem Tiaka Samudera.
The conversion of the FPSO vessel Marlin Natuna from a tanker at PaxOcean’s Batam shipyard aims to support Indonesia’s growing energy demands.
To remind, PaxOcean is a member of the Kuok Maritime Group (KMG) which is part of Kuok Group Singapore (KGSg). PaxOcean owns and operates five shipyards located in Singapore, China and Indonesia.
With an overall length of 183.23 metres, Marlin Natuna has a production capacity of 10,000 BOPD and tank capacity of 250,000 barrels which will be used to accommodate the natural gas and oil of the Forel project produced from Natuna, Riau Islands.
As it is reported by PaxOcean, the newly converted FPSO will play a pivotal role in enhancing Indonesia’s offshore production and storage capacities, furthering Indonesia’s position as a leader in the global energy market.
“The delivering of Indonesia’s 1st FPSO conversion is a proud moment for us at PaxOcean,” said Tan Thai Yong, chief executive officer of the PaxOcean Group. “We are honoured to have partnered with SKK Migas, Medco E&P and Hanochem Tiaka Samudera on this pivotal project and we look forward to supporting future advancements in the Indonesia’s offshore energy sector.”
“This project exemplifies our dedication to empowering Indonesia’s offshore industry,” added Jerome Chew, chief operating officer of the PaxOcean Group.
