Singapore’s PACC Offshore Services Holdings (POSH) Joint venture POSH Terasea is set to start positioning work on the Total-led FPSO project off Nigeria before the year’s end.

Total’s floater for the $3 billion Egina field off Nigeria is due to start positioning work on OML 130 by the end of the year.

POSH said in its second-quarter results announcement on Tuesday that its POSH Terasea JV will start work on the positioning of the floating production, storage and offloading unit in the fourth quarter.

 

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