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Splash 247 10/16/2019 02:10
Malaysian FPSO operator Yinson Holdings has been awarded two letters of intent by Petrobras for the charter, operations and maintenance of FPSO Marlim 2 for the Marlim revitalisation project in Brazil. The contract period is for 25 years and total value of the contract is $5.4bn. FPSO Marlim 2 will be Yinson’s largest project to […]
Sundaily (Asia) 10/15/2019 23:20
PETALING JAYA : Yinson Holdings Bhd’s indirect wholly-owned subsidiary, Yinson Production Pte Ltd, has been awarded two letters of intent (LOI) by Petróleo Brasileiro SA (Petrobras) for the charter, operations and maintenance of FPSO Marlim 2, a floating, production, storage and offloading (FPSO) vessel for the Marlim revitalisation project from Petrobras in Brazil. The aggregate value of the contracts is estimated at US$5.4 billion, and the contract period is for 25 years from the date of the final acceptance. Yinson Group CEO Lim Chern Yuan ( pix ) said FPSO Marlim 2 would be Yinson’s largest project to date, and that the group had been focusing on building their resources, capacity and expertise in order to meet the project’s delivery an.

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