EOC Sells FPSO to Perisai

 Singapore’s EOC Limited has completed the previously announced sale  of 51% equity interest in the entities owning and operating the FPSO “Perisai Kamelia” to Perisai Production Holdings Sdn Bhd, a wholly-owned subsidiary of Perisai Petroleum Teknologi BHD (“Perisai”).

The Company has announced that the sale of the FPSO formerly known as the “Lewek Arunothai”  has been completed on 21 August 2013.

EOC Limited offers offshore floating production services that support the full life cycle of offshore oil and gas (O&G) production. It owns and operates two floating production, storage and offloading (FPSO) vessels, the Lewek Arunothai and the Lewek EMAS, and a fleet of construction vessels. The Group has conducted operations in Australia, Brunei, India, Indonesia, Malaysia, the Middle East, the Philippines, Vietnam and Thailand, and continues to do so currently.

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August 21, 2013