The duration of the contract is for three years beginning the end of August.
The rate consists of a base rate which will increase if and when more capacity and features of the FSO are requested by MOQ.
FSO Africa and its sister vessel, FSO Asia, are the two largest and double hull floating storage and offloading service vessels, according to the company.
The FSO Africa will be stationed on the Al Shaheen oil field offshore Qatar, joining the FSO Asia, which began operations in January 2010.
The FSO Africa is jointly owned by OSG and Euronav.
