FPSOJasmineVentureMV7

Jasminefieldislocatedapproximately300kmsouthofBangkok
inwaterdepthofapproximately60m.Crudeoilproducedfrom
thereservoiristransportedfromafixedplatformtotheFPSOvia
1.5kmpipeline.
MODECownedFPSOJasmineVentureMV7(exBuffalo
Venture)wasmodifiedandredeployedforJasminefield
development.JasmineVentureMV7isatankerconvertedFPSO
withanexternalturretmooringsystem.TheFPSOwasoperating
atNexen'sBuffalofieldfromDecember1999toDecember2004.
ThisisthefirstcontractforMODECtoredeployitsowned
FPSOtoanotherfield.
ProductionfromJasminefieldstartedinJune2005.MODEC
ownedandoperatedtheFPSOfromJune2005toJune2011.

ScopeofWork

Engineering
Procurement
Modificationandlifeextension
Installation
OperationandMaintenance

UnitName

FPSOJasmineVentureMV7(exBuffaloVenture)

Contract

BareBoatCharter+O&M(Ownershipwastransferredtotheclient)

FirstOil

June2005

CharterPeriod

June2005June2011

Client

PEARLEnergyPteLtd.

Status

Sold

FieldName

JasmineField

Country

Thailand

WaterDepth

60m(196ft)

New/Conv

ModificationofExistingFPSO

MooringType

SOFECExternalTurret

StorageCapacity

800,000bbls

OilProduction

20,000bopd

GasProduction

8mmscfd

WaterProduction

30,000bwpd

RelatedPressReleases
Jun.10,2005

FirstOilfromJasmineField
Dec.27,2004

FPSO"BuffaloVenture"RedeployedforPEARL'sJasmineField

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