Gabon: Olowi FPSO contract terminated
Issue 378
- 12 Oct 2018
| 1 minute read
Canadian Natural Resources (CNR) has terminated the contract for the Knock Allan floating production, storage and offloading (FPSO) vessel three months early as it winds down activity at the Olowi field. Malaysia’s Yinson Holdings said the FPSO contract was entered into on 30 November 2006 for a fixed primary term of ten years, from 1 May 2009 to 30 April 2019.
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