MISC JVs secure 5-year contract extension from Shell Brasil

MISC Berhad

MISC Bhd’s joint-venture (JV) companies have secured a five-year extension from Shell Brasil to provide floating production storage and offloading (FPSO) Espirito Santo, located offshore Brazil.

In a statement, the Malaysian shipping giant said its two JV companies — Brazilian Deepwater Production Ltd (BDPL) and Brazilian Deepwater Production Contractors Ltd (BDPC) — had entered into an agreement with Shell Brasil on Dec 7, 2020.

“The agreements were for five years’ extension of the lease, operation and maintenance contracts for the FPSO Espirito Santo located in the Campos Basin for the BC-10 field, offshore Brazil.

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