Hindustan Oil Exploration Company has informed that, due to adverse weather conditions all efforts to hold the Floating Storage Offshore (FSO) moored with Single Point Mooring (SPM) has not been possible for over 10 days and the hawser parted yesterday. To ensure safety of the Vessel, SPM and the floating hose, the FSO is de-moored and anchored. Once the weather becomes normal, FSO will be moored with new hawser and the production from Block B-80 will resume. Till such time, the wells are secured with diesel and chemicals, and the export flowline is flushed with water. Further, in terms of SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the additional information required is given in Annexure - I. The above information is also available on the website of the Company - www.hoec.com.
The above information is a part of company’s filings submitted to BSE.
