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OceanSTAR Elite Secures FPSO Sepat Project from PETRONAS Carigali OceanSTAR Elite (“OSE”) is pleased to announce that its group of Company in Malaysia, OceanSTAR Engineering Holding Sdn Bhd (“OceanSTAR”) has successfully entered into a long-term contract with PETRONAS Carigali Sdn. Bhd. (“PCSB”) for the Provision of Lease, Operation and Maintenance of a Floating Production Storage and Offloading (“FPSO”) unit. The contract comprises a 15-year firm charter period with extension options, supporting the PCSB Sepat Integrated Redevelopment Project, located offshore Terengganu,…

OCEANSTAR ELITE LDV FSO Successfully Launched – A Major Project Milestone On 6 February 2026, OceanSTAR Elite Group (OSE) successfully held the launching ceremony of the LDV Floating Storage and Offloading (FSO) unit at Nantong Strongwind Shipyard, China. This milestone follows the steel cutting in February 2025 and keel laying in July 2025, marking the project’s transition into the delivery stage. The ceremony was attended by our valued client and partners, including Murphy Cuu Long BacOil, PTSC Asia Pacific, ABS,…

OceanSTAR Elite Marks Milestone with Block B FSO Steel Cutting Ceremony OceanSTAR Elite (“OSE”) is pleased to announce the successful completion of the Block B FSO Steel Cutting Ceremony on 19 December 2025 in Nantong, China, marking the official commencement of construction for the Block B FSO Project. The ceremony was attended by representatives from the Owner, Project Partners, Classification Society, Shipyard, and Local Authorities, including PQPOC, PTSC, OceanSTAR Elite, ABS, StrongWind Shipyard, and the Nantong Innovation Zone Government. The…

OceanSTAR Elite (OSE) Secures EPCC Contract for Block B FSO, Strengthening Regional Offshore Delivery Track Record OceanSTAR Elite (OSE) is pleased to announce that it has been awarded the Engineering, Procurement, Construction, and Commissioning (EPCC) contract for the Block B Floating Storage and Offloading (FSO) unit offshore Vietnam. The FSO is part of a broader gas field development led by Branch of Vietnam National Industry – Energy Group -Phu Quoc Petroleum Operating Company (PQPOC), with the project executed by PTSC…

First Steel Cutting Ceremony Held for Lac Da Vang FSO OceanSTAR Elite Group (“OceanSTAR” or “OSE”) has officially begun the construction of its LDV Floating Storage and Offloading (FSO) unit with a steel cutting ceremony held on February 22, 2025, at Nantong Strongwind Shipyard in Tongzhou Bay, China. This marks a significant milestone in the project’s development. The ceremony was attended by key stakeholders, including representatives from PTSC Asia Pacific, Murphy Cuu Long Bak Oil Company, Nantong Municipal Government, Titan…

OceanSTAR Secures AiP Certificate for Deepwater FPU Generic Hull Design OceanSTAR Elite Group of Companies (“OceanSTAR” or “OSE”) is proud to announce that it has successfully obtained the Approval in Principle (AiP) certificate for the design principles of its deepwater Floating Production Unit (FPU) Generic Hull. The certificate was issued by DNV (Det Norske Veritas), recognizing the compliance of the preliminary design with applicable rules and standards. The certified design is tailored for operations in water depths exceeding 2,000 meters,…

OceanSTAR ELITE Secures EPCC Contract for FSO Project OceanSTAR Elite Group of Companies is pleased to announce award of an Engineering, Procurement, Construction and Commissioning (EPCC) contract for a Floating Storage Offloading (FSO) unit, which be moored and operated in an offshore block within region. The ceremony of the project will be held in Nantong on October 18, 2024. It proves our capabilities and reputation again. OceanSTAR is committed to boost customer satisfaction in all Safety, Technical, Quality and Scheduling…

20th February, 2024 – Singapore OceanSTAR Elite group of companies (OSEG) has proudly launched the “Innovative Support System for a 10 MW Floating Offshore Wind Turbine (FOWT)” project, marking a significant stride in collaborative research and development. This initiative is a partnership with OceanSTAR Elite and CSSC Chengxi Shipyard Co. Ltd, based in Jiangsu, China, alongside Jiangsu University of Science and Technology. It gains substantial support from government bodies Enterprise Singapore and the Jiangsu Department of Science and Technology, through…

OceanSTAR Elite Group (“OEG”) is pleased to announce that it has, on 25 May 2023, entered into a memorandum of understanding (“MOU”) with Synergy Engineering Group (“SEG”) to establish a Joint Venture Company (“JV”) in the field of offshore oil &gas providing full engineering solutions for FPSO/FLNG/FPU/Semi-submersibles/Tension Leg Platform projects, which includes topside modules and hull & marine engineering targeting International Clientele.This MOU allows both parties to collectively share their manpower resources and explore potential collaboration as it relates to…

October 26, 2023 – Jakarta, Indonesia OceanSTAR Elite group of companies (Headquarter in Singapore) offers One-Stop solution of Engineering Design and extended EPCIC solutions for Offshore Energy sector. PT OceanSTAR Corp Indonesia is the subsidiary company of the OceanSTAR Elite group. The new office for PT OceanSTAR Corp Indonesia is located in Jakarta SCBD, Indonesia Stock Exchange Building. It will provide a more convenient service to client and further strengthening the Group’s capabilities in Southeast Asia. During the ceremony, James ZHANG, Chairman of the Group, thanks the honored guests from SKK Migas, CNOOC SEA,…