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T7 unveils MOPU for Valeura Energy’s Nong Yao C Development in Thailand

Malaysian energy industry services provider T7 Global has unveiled the newly-converted mobile offshore production unit (MOPU) which is scheduled to start working at Valeura Energy’s Nong Yao C development offshore Thailand.

The MOPU has been named TSEVEN SHIRLEY during a ceremony held at China State Shipbuilding Corporation Beihai Shipyard in Qing Dao.

It is scheduled to set sail for the Nong Yao oil field, in the Gulf of Thailand as part of $84.6 million (RM 400 million) contract with Valeura Energy.

Valeura Energy Inc (TSX:VLE) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and substantial longer-term upside potential through an operated deep, tight gas play. 

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