Euronav has announced that Maersk Oil Qatar AS (MOQ) has signed an agreement for the provision of floating storage and offloading (FSO) services on the Al Shaheen field offshore Qatar
The fixed five-year contract, which started on October 1, contains an option for MOQ to extend the contract period for either one or two years.
FSO Africa and its sister vessel, FSO Asia, have been operating on the Al Shaheen field for two-and-a-half years and two years respectively.
They are the two largest and most sophisticated double-hulled FSOs in the world and are owned by joint venture companies in which Overseas Shipholding Group, Inc. and Euronav each have a 50 per cent interest.
