google.com, pub-9591068673925608, DIRECT, f08c47fec0942fa0 PT Armada Gema Nusantara sell 35% of its FPSO shares to Pertamina - MEDIA MONITORING OIL AND GAS -->

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Wednesday, March 6, 2024

PT Armada Gema Nusantara sell 35% of its FPSO shares to Pertamina

Karapan Armada Sterling III

    PT Armada Gema Nusantara is a company that operates and owns the Floating Production Storage and Offloading tanker Karapan Armada Sterling III (FPSO KAS III) Floating Storage/Production with IMO number: 9213179, MMSI: 525100350, Call sign: YBQW2, AIS transponder Class A, FPSO KAS III operates in the BD Field in the Madura Strait based on a contract leased with Husky-CNOOC Madura Limited (HCML).

Karapan Armada Sterling III

    

    The operational area of the KAS III FPSO is quite strategic and has an important role in supplying gas to the industry in East Java Province. It is hoped that the KAS III FPSO can contribute to the sustainability of gas supplies, especially for domestic industry, so that it can support industrial and electricity activities, which will directly support national economic growth.

Girls on the FPSO

    Currently, the FPSO (Floating Production Storage and Offloading) Karapan Armada Sterling III is a floating vessel used to produce, store, and distribute crude oil and natural gas in the offshore mining industry. 

    FPSO KAS III has an important role in the exploration of oil fields in the world's first waters to have a very large sulfur processing plant. Its capacity is around 25 tons of molten sulfur, 7,500 barrels of crude oil condensate, and 110 MMSCFD of gas.

    Reportedly, PT Armada Gema Nusantara (AGN) will sell 35% of its FPSO shares to Pertamina.

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