DNeX renames newly acquired FPSO for Avalon Development

CYBERJAYA, Aug 4 (Bernama) — Dagang NeXchange Berhad (“DNeX”), via its subsidiary Ping Petroleum UK PLC (“Ping”), has renamed its recently acquired Floating Production Storage and Offloading (“FPSO”) vessel to Excalibur.

Previously known as the Sevan Hummingbird, the renaming ceremony was recently held in Port of Nigg, Scotland, United Kingdom (“UK”), witnessed by delegations from DNeX and Ping.

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