PETRONAS Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Dateline 2026-03-03, Offshore Engineer:

OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of lease, operation and maintenance of a floating production storage and offloading (FPSO) unit supporting the Sepat Integrated Redevelopment Project offshore Terengganu in Malaysia.

The contract comprises a 15-year firm charter period with extension options.

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This entry was posted on Saturday, March 7th, 2026 at 3:58 pm and is filed under oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Wata – Malaysian Oil and Gas Engineer