EOC’s LEWEK ARUNOTHAI RESUMES OPERATION
- EOC’s FPSO, Lewek Arunothai, completes maintenance and modifications program and restarts production
- Expects improvement to Group’s earnings from fully-operational unit
Singapore, 10th June 2010
EOC Limited (EOC or the Group), one of Asia’s operators of offshore construction & floating production vessels, has resumed the operation of its Floating, Production, Storage and Offloading unit (FPSO), Lewek Arunothai, after suspending production activities for a scheduled maintenance and upgrading program. The planned shutdown activities have been completed by the operations team and accepted by the client.
The recommencement of revenue generation from Lewek Arunothai will help contribute to the Group’s equity base and revenue line.
ABOUT THE COMPANY
Oslo Bors listing: October 2007
EOC Limited offers offshore construction & floating production services and installation & commissioning work as well as transportation services that support the entire life cycle of offshore oil & gas production.
It manages two accommodation crane barges, the Lewek Conqueror and the Lewek Chancellor; a dynamically positioned heavy lift accommodation pipelay vessel, the Lewek Champion; and a floating production, storage and offloading unit, the Lewek Arunothai. These vessels are utilised in various support activities that last through facility development, production, operations, maintenance and abandonment.
The firm operates in Australia, Brunei, India, Indonesia, Malaysia, the Middle East, the Philippines, and Thailand, and is an associate company of Singapore Exchange-listed Ezra Holdings Limited, the largest owner/operator of an integrated range of offshore support vessels for charter across a broad spectrum of the oil & gas offshore support services supply chain.
FOR FURTHER ENQUIRIES
MR CHAN ENG YEW
EOC LIMITED
+65 9792 8616
engyew.chan@emasoffshore-cnp.com
MR QUEK HONG SOON
OAKTREE ADVISERS
+65 9048 5298
Other media releases on the company can be accessed at www.oaktreeadvisers.com