The company will perform detailed engineering to further refine the concept established during the front end engineering and design studies for a floating production storage and offloading vessel (FPSO) to be deployed in the Perth Field development in Block 15/21a.

The FPSO and its processing capabilities will be designed to accommodate several phases of development drilling on the field, and will also feature expanded capacity to handle the anticipated tiebacks from the various third-party stranded fields in the vicinity.

The owners of the Perth Field are DEO Petroleum UK, Faroe Petroleum UK and Atlantic Petroleum UK.

EOC Limited offers floating production services that support the full life cycle of offshore oil and gas production.