Masirah Oil, an exploration and production company operating Block 50 offshore Oman, has awarded a contract to Wings Offshore for a floating storage and offloading (FSO) vessel, which will be used on a field located offshore Oman.

Masirah said it had awarded the FSO contract to Wings Offshore for the Mt Bull Papua, which is an Aframax tanker with a storage capacity of 750,000 barrels.

The FSO will be used to store crude oil that will be produced during the early appraisal phase of the Yumna field in Block 50 Oman.

Drilling of the Yumna 1 appraisal well is planned to start in December 2019, it said.

Masirah Oil holds a 100 per cent interest in Block 50 Oman. It has recently awarded a contract to Foresight Offshore Drilling to use the Foresight Driller IX drilling rig for the appraisal well in Block 50.