Tanker arrives in Persian Gulf ready for modification under Gabon contract
A crude oil tanker destined to work offshore Gabon as a floating storage and offloading vessel has arrived in Bahrain for upgrade work.
Last year, US and London-listed independent Vaalco Energy, decided it would replace the ageing floating production, storage and offloading vessel on its Etame oilfield with an FSO.
The move aims to reduce costs while at the same time increasing storage capacity.
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