Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
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The Jaya Cavalier, an 8,000 horsepower anchor handling tug and supply (AHTS) vessel owned by Jaya Holdings is currently on charter to Total offshore Congo and at work near the Moho-Bilondo floating production unit (FPU).
Total is currently conducting extensive development work in the area including Moho Nord which will eventually have 17 subsea wells tied back to a new FPU and 17 additional wells developed from a new Tension Leg Platform (TLP).
With first oil expected in 2015, the Moho Nord development will have a capacity of 140,000 barrels of oil equivalent per day.
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