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Yinson News

 

Yinson Buys Ezion

Apr 02, 2019

Singapore's ailing offshore and marine firm Ezion Holdings (EHL) has found a saviour in Malaysian-listed Yinson Holdings, the world's sixth largest floating, production, storage and offloading (FPSO) operator.Yinson Eden Pte Ltd (YEPL) made…

Yinson, First E&P in $902 Mln FPSO Deal

Mar 01, 2019

Malaysia’s floating production storage and offloading (FPSO) operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company Ltd (First E&P) have executed a contract for an FPSO to be deployed offshore Nigeria.The contracts worth $901…

Yinson Wins USD578 million Contract from JX Nippon

Feb 17, 2019

Global FPSO provider Yinson Holdings Berhad  said its wholly-owned unit has been awarded a US$578 million (RM2.357 billion) contract from JX Nippon Oil & Gas Exploration (M) Ltd.According to a stock exchange filing from the Malaysian floating…

Yinson Tallies Layang FPSO Contract

Feb 14, 2019

Floating production, storage and offloading unit (FPSO) provider Yinson announced Thursday it has received a letter of award from JX Nippon to provide operation and maintenance services for an FPSO due to commence operations at the the Layang field offshore Malaysia by the fourth quarter of 2019…

DOF Subsea Wins Yinson Energy Contract

Jan 25, 2019

Malaysia's Yinson Holdings Bhd's associate Yinson Energy has awarded DOF Subsea Asia Pacific Region a contract to provide transportation & installation (T&I) services to position and moor the FPSO Helang on the Layang field, Sarawak, Malaysia…

Addax Petroleum Extends Yinson’s Adoon FPSO Deal

Nov 25, 2018

Nigeria-focused oil company Addax has extended the charter for the Yinson-owned FPSO Adoon for another three months, pending discussion for a potential longer-term deal.'Unless otherwise expressly defined in this announcement, terms and expressions…

Yinson's Knock Allan FPSO Contract Terminated

Oct 10, 2018

Malaysia’s Yinson Holdings Bhd has received the termination of an FPSO contract for its Knock Allan FPSO located on the Olowi field offshore Gabon.The oil and gas services company said in a press release that the contract with Canadian Natural Resources (CNR) International (Olowi) Ltd…

Yinson divests stake in its West Africa subsidiary

Jul 03, 2017

Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa).  The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…

Yinson awarded Vietnam FPSO contract

Apr 27, 2017

Yinson Clover Ltd. (YCL), an indirect wholly-owned subsidiary of Malaysian offshore services provider Yinson Holdings, was awarded a contract from Talisman Vietnam 07/03 BV (TLV) for the supply, operation and maintenance of a floating production…

Keppel wins Ghana FPSO conversion

Dec 29, 2015

Yinson has awarded Singapore’s Keppel Offshore & Marine conversion work on a floating production, storage and offloading (FPSO) vessel meant for Eni’s Offshore Cape Three Points Block (OCTP), offshore Ghana. The award is one of four the…

Addax extends Yinson FPSO lease

Oct 20, 2015

African focussed exploration and production firm Addax Petroleum has extended its contract with Malaysia's Yinson Holdings for use of a floating production, storage and offloading (FPSO) vessel. The Knock Adoon FPSO has been working on the Antan field offshore Nigeria…

Kongsberg wins West African FPSO contract

Apr 29, 2015

Kongsberg Maritime entered into a US$26.5 million contract to supply a complete electrical, instrument and telecom solution, including e-house, for the new Yinson Genesis floating production storage offloading unit (FPSO). The FPSO contract…

KANFA wins Cape Three Points contracts

Feb 16, 2015

Sevan Marine subsidiary KANFA has been awarded a letter of award for the engineering, procurement and construction  (EPC) of four process modules for the FPSO Yinson Production. The contract is expected to last 15 months and be worth about US$50 million…

Yinson inks Ghana FPSO deal

Jan 28, 2015

Malaysia's Yinson Holdings has won a US$2.5 billion FPSO charter and operation contract with Eni on the deepwater Offshore Cape Three Points Block (OCTP), offshore Ghana. The contract, agreed between Eni and Yinson companies Yinson Production…

Yinson to acquire Fred. Olsen Production

Aug 23, 2013

In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…

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