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    Four-year extension for Al Zaafarana FPSO

    Projects and Operations // November 16, 2001
    Prosafe Production, a subsidiary of Prosafe ASA, has been awarded an extension of its operating contract for the FPSO Al Zaafarana from Zaafarana Oil Company. The extension period is four years effective as from 01 November. The total contract value is $13.9 million.

    Al Zaafarana is a 120,000dwt tanker that was converted to an FPSO by Prosafe Production in 1994 and sold to Zaafarana Oil Company in November that same year. The Al Zaafarana is operating on the Zaafarana field in the Gulf of Suez and has a storage capacity of 800,000bbls. The FPSO is also fitted with a Prosafe patented bow mounted turret-mooring system.

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