PPS Company completed the reception of FSO MV12 at Rong Doi mine, block 11-2

PTSC Petroleum Services Joint Stock Company (PPS) is a leading unit in Vietnam specializing in providing operation and maintenance services for crude oil storage, processing and export terminals (FPSO/FSO). Implementing the strategy of expanding and developing the crude oil storage and processing vessel market, on November 1, 2024, PPS Company completed the handover of FSO Rong Doi MV12 at Rong Doi Field, Block 11-2 offshore Vietnam from Rong Doi MV12 PTE Ltd Joint Venture.

FSO Rong Doi MV12 floating storage has been officially renamed FSO PPS 01 and sailed under the Vietnamese flag since November 1, 2024. The operation and exploitation of condensate on FSO PPS 01 is guaranteed to be efficient, safe and continuous during the transition period. After more than 20 years of operating and maintaining floating storages, this is an important milestone in the development of PPS Company with the new role of "Shipowner - FSO PPS 01".

The acquisition and ownership of FSO PPS 01 is the clearest proof of the continuous efforts of the Board of Directors and all employees of PPS Company in service development, not afraid to try new roles and tasks, contributing to improving the overall efficiency of production and business activities of the unit. On the development journey, PPS Company will always be determined to maintain the image of a leading unit in the field of operation and maintenance of FSO/FPSO floating storages, providing quality, reputable and secure services to customers.

Doan Huu Hieu - Nguyen Huong Giang (PPS)

Source: https://www.ptsc.com.vn/tin-tuc/tin-ptsc-1/san-xuat-kinh-doanh/cong-ty-pps-hoan-thanh-viec-tiep-nhan-fso-mv12-tai-mo-rong-doi-lo-11-2