Floating storage unit announces first oil shipment

The Floating Storage and Offloading Unit (FSO) of PetroVietnam Technical Services Corp (PTSC Bach Ho” [FSO-5]) late last week exported its first oil shipment in the southern coastal province of Ba Ria-Vung Tau.

This first offloading was witnessed by representatives from Vietsovpetro (VSP), PetroVietnam Technical Services Corporation (PTSC), independent inspectors EIC and other sub-contractors.

The sale was finished after 20 hours with a shipment volume of more than 31,855 tonnes with zero impurity basic sediments and water (BS&W) content and 0.02 per cent volume deviation which is within the acceptable range of Vietsovpetro.

“The offtake which took place in bad weather conditions has proved the leaders’ strong-determination, employees’ great efforts and high devotion of PTSC in delivering the project on schedule,” said PTSC’s general director Nguyen Hung Dung.

With modern technologies and advanced functions “PTSC Bach Ho” (FSO-5) is the biggest floating storage and offloading unit built in Viet Nam. It was built to serve the drilling of VSP. It is executed by the Nam Trieu Shipbuilding Industry Corporation.

PTSC Bach Ho received its first oil two months ago and spent 60 continuous working days preparing for the first offtake.

Posted by VBN on Jan 18 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry