PETALING JAYA: PTSC Asia Pacific has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project with ...

The contract has a firm period of 10 years with an option to extend up to five years. The FSO will be a newbuild double-hull vessel with storage capacity around 500,000 barrels and advanced dual ...