Valeura Energy acquires FSO vessel Aurora for $19M at Nong Yao field, Gulf of Thailand, to enhance operational flexibility and cost optimization.
Valeura Energy Inc., a Canadian oil and gas company, has acquired the Floating Storage and Offloading (FSO) vessel Aurora for $19 million, located at its Nong Yao field offshore the Gulf of Thailand. By owning the FSO, Valeura aims to gain operational flexibility and optimize and reduce operating expenses. The acquisition was funded with the company's cash resources and completed on June 11, 2024.
June 12, 2024
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