OceanSTAR Elite Group of Companies

OceanSTAR Elite Group and CM Energy Sign Strategic Cooperation Agreement to Strengthen FPSO Project Execution On March 30, OceanSTAR Elite Group and CM Energy Tech Co., Ltd. held a signing ceremony in Nantong, Jiangsu, officially entering into a strategic cooperation agreement. The partnership focuses on collaboration in the FPSO sector, aiming to enhance project execution efficiency and delivery capabilities through closer resource integration and coordination, while laying the groundwork for future cooperation in broader markets. CM Energy, listed on the…

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…

Celebrating the 3rd Anniversary of FPU TRunojoyo 01 First Gas Today marks exactly three years since the FPU Trunojoyo 01 achieved first gas on 23 October 2022 — a proud milestone that marked OceanSTAR Elite’s (OSE) first operated production asset and a significant step into the offshore production domain. The FPU Trunojoyo 01 serves the Madura gas field development in East Java, Indonesia, providing stable gas production to support local energy needs. Under a Leasing and Operation Contract, OceanSTAR Elite…

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…

OceanSTAR Elite Celebrates Milestone Keel-Laying Ceremony for LDV FSO Project On July 11, 2025, OceanSTAR Elite Group (“OceanSTAR” or “OSE”) successfully held the keel-laying ceremony for its LDV Floating Storage and Offloading (FSO) unit at Nantong Strongwind Shipyard in Tongzhou Bay, China. This event marks a significant milestone in the project’s journey, following the successful steel cutting ceremony earlier in February 2025. The ceremony was attended by key stakeholders, including representatives from Murphy Cuu Long Bak Oil Company, PTSC Asia…

OceanSTAR Singapore HQ Office Expands to a New Space OceanSTAR Elite Group (“OceanSTAR” or “OSE”) is thrilled to announce the relocation of our Singapore headquarters to a new and larger office space covering 6,500+ square feet. This move marks a significant milestone in OceanSTAR’s journey, reflecting our continued growth and commitment to providing world-class support to our clients and partners across the offshore energy industry. The new office not only offers a more spacious and collaborative environment for our team…

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,…