The key assets being acquired include non-operated interests of 20% in the Greater Catcher Area, 50% in the Scolty and Crathes fields as well as 21.83% in the Scott and 1.59% in the Telford licences.
An A-type gangway will ensure smooth and continuous crew change operations from the MMA Privilege to the FPSO.
The project will cover the Sapinhoá Shared Reservoir in the Santos Basin offshore Brazil.
DOF Subsea will support VAALCO with the replacement of the existing FPSO vessel with a FSO vessel at the Etame field, offshore Gabon.
Project wins over the last 6 months include an integration solution to support the rig start up for a major new offshore project off the coast of Mexico, the first for Fennex in the region.
Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha have acquired a respective 25% and 20% ownership interest in the special purpose companies related to the lease and operation of the FPSO Alexandre de Gusmão.