Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/financial/money/opsb-secures-financing-to-develop-the-ophir-oil-pr.shtmlOPSB secures financing to develop the Ophir oil projectOctanex N.L. says that limited recourse project finance has been secured for the development of the Ophir field, offshore Terengganu, Malaysia.
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Edit page New page Hide edit links Octanex N.L. says that limited recourse project finance has been secured for the development of the Ophir field, offshore Terengganu, Malaysia. Octanex is a 50 percent shareholder in Ophir Production Sdn Bhd (OPSB) which was awarded the Ophir Risk Service Contract in June. Octanex's joint venturers in OPSB are Scomi Energy Services Bhd, a Malaysian downstream oil and gas services company listed on the Main Board of Bursa Malaysia with a 30 percent interest, and Vestigo Petroleum Sdn Bhd, a wholly owned subsidiary of Petronas, incorporated in 2013 with a focus on the development of small, marginal and mature fields, holding a 20 percent interest. |