PV KEEZ to sign Loan Agreement to supply FPSO for Chim Sao and Dua Project

On July 21, 2010, Ha Noi, PV KEEZ, a Joint Venture Company in which PVTrans is one of shareholders, with Petrovietnam Finance Corporation and Vietinbank signed a Loan Agreement to supply Floating Production, Storage and Offloading Vessel (FPSO) to Premier Oil Vietnam Offshore in respect of the Chim Sao and Dua project in Vietnam.

 

The total loan amount for this project is up to USD227 million for 7 years.

By joining in this joint venture, PVTrans has affirmed its capability for executing offshore service and gradually enhanced its competitive competence in supplying FSO/FPSO in domestic and international market.

 

Minh Ngoc - Trading