Work on the two VLCCs will be carried out at Sembawang Shipyard with the total project duration about 32 months.

The first VLCC, the 316,000-dwt Olympia (built 2008), is due at the yard in the third quarter of this year with the second, the 315,981-dwt Antartica (built 2009), due in the first quarter of 2015.

On completion the two FPSOs will be deployed on the Kaombo Project, about 150 km off the coast of Angola in West Africa.

Major