Two International Seaways-Euronav joint ventures have inked decade-long extensions for their floating storage and offloading units, set to generate at least $645m in revenue.
The 442,000-dwt FSO Africa and FSO Asia (both built 2002) will remain with North Oil Co (NOC) until July 2032 and September 2032 respectively.
"We look forward to continue to partner with Euronav and support NOC’s offshore business," said International Seaways chief executive Lois Zabrocky.
