“We inform that, due to adverse weather conditions and in the interest of safety, the Floating Storage Offshore (FSO) unit deployed in Block MB/OSDSF/B-80/2016 (B-80) has been safely de-moored from the Single Point Mooring (SPM) and has been anchored at a secure location for over a week. Consequent to the above, production from the field has been temporarily suspended,” according to a stock exchange filing.
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The company has safely de-moored its Floating Storage Offshore (FSO) unit from the Single Point Mooring (SPM) and anchored it at a secure location for over a week. While minimal losses are expected, production will remain halted until weather conditions improve.
Hindustan Oil Exploration Company’s marine team continues to monitor the situation, and preparations are in place to re-moor the FSO and resume operations as soon as conditions are favourable. In the meantime, the wells have been secured with diesel and chemicals, and the export flowline has been flushed with water.
Shares of Hindustan Oil Exploration Company Ltd ended at ₹170.00, down by ₹0.80, or 0.47%, on the BSE.
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First Published:Â Jun 27, 2025 11:45 PM IST
