CAMAC agrees to FPSO Armada Perdana extension

Offshore staff

HOUSTON – CAMAC Energy has signed a letter of intent for a five-year contract for the FPSO Armada Perdana, with options for two more years.

The FPSO currently supports oil and gas production on CAMAC’s Oyo field offshore Nigeria in block OML 120. It can process up to 40,000 b/d of oil, with oil storage capacity of 1 MMbbl.

01/13/2014

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