Dommo Energia may miss FPSO OSX-3 charter payments

Dommo Energia in November 2018 executed an amendment to the OSX-3 charter agreement with the owner of the vessel, OSX 3 Leasing B.V., to extend the existing charter for a period of up to 20 years. The charter payment under the deal agreed last year was is $47.2 million per year – equivalent to a $129,315 day rate.

The oil company on Tuesday said it was finalizing the revitalization of Tubarão Matelo Field offshore Brazil, a project that would require significant capital expenditures during the following 60 days to finalize.

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