Search results for: Yinson Holdings

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A list of search results

  • 1 April 2019
    Business & Finance

    Malaysia’s Yinson Holdings has decided to acquire Singapore’s liftboat operator Ezion Holdings. 

  • 20 June 2018
    Business & Finance

    Yinson started exclusive negotiations for a potential FPSO supply and charter contract off Nigeria.

  • 2 October 2015
    Business & Finance

    Malaysia-based investment holding company Yinson Holdings Berhad has secured clearance for a proposed joint venture with Four Vanguard Servicos E Navegacao LDA (FVSN), an indirect wholly-owned subsidiary of Premuda S.P.A. The joint venture company is aimed at acquiring a vessel owned by FVSN, which will then be used in bidding for Floating Production Storage and […]

  • 2 October 2015
    Business & Finance

    Malaysia-based investment holding company Yinson Holdings Berhad has secured clearance for a proposed joint venture with Four Vanguard Servicos E Navegacao LDA (FVSN), an indirect wholly-owned subsidiary of Premuda S.P.A. The joint venture company is aimed at acquiring a vessel owned by FVSN, which will then be used in bidding for Floating Production Storage and […]

  • 9 July 2020
    Business & Finance, Collaboration, Vessels

    Japanese shipping company K Line has inked a deal with Malaysian energy major Yinson Holdings Berhad and Sumitomo Corporation to participate in the floating production, storage and offloading (FPSO) owning and chartering business for the Marlim II Project, offshore Rio de Janeiro, Brazil. Upon stable operations of the FPSO being achieved in 2023, K Line […]

  • 20 April 2018
    Project & Tenders

    Malaysian FPSO service provider Yinson Holdings Berhad signed a long-term memorandum of understanding with Sumitomo Corporation to jointly pursue FPSO and FSU opportunities including those related to LNG projects. 

  • 31 July 2015
    Business & Finance

    Malaysian Yinson Holdings Berhad and Italy’s Premuda S.P.A. have, through two of their wholly-owned subsidiaries, established a joint venture company through which Yinson will take a majority stake in a Floating Production Storage and Offloading (FPSO) vessel currently owned by Premuda. Yinson Heather Ltd (YHL), a subsidiary of Yinson Holdings, and Four Vanguard Servicos E Navegacao […]

  • 28 January 2015
    Business & Finance

    Malaysia-based investment holding company Yinson Holdings Berhad has through its wholly owned subsidiary Yinson Production (West Africa) bought the 1998-built, Very Large Crude Carrier Ulriken, to be converted into a Floating Production Storage and Offloading (FPSO) vessel for use offshore Ghana. YPWA bought the 309,996 dwt tanker from Golden State Petro back in October 2014 for USD 26.25 million. The name of […]

  • 23 May 2017

    Yinson Clover Ltd (YCL), a subsidiary of Malaysia’s Yinson Holdings, has entered into a consortium agreement with PetroVietnam Technical Services Corporation (PTSC) for the execution and performance of a bareboat charter. To clarify, Yinson recently secured an FPSO contract with Talisman Vietnam. The contract is for ten years with extension options with a total value […]

  • 31 July 2015
    Business & Finance

    Malaysian Yinson Holdings Berhad and Italy’s Premuda S.P.A. have, through two of their wholly-owned subsidiaries, established a joint venture company through which Yinson will take a majority stake in a Floating Production Storage and Offloading (FPSO) vessel currently owned by Premuda. Yinson Heather Ltd (YHL), a subsidiary of Yinson Holdings, and Four Vanguard Servicos E Navegacao […]

  • 24 July 2014
    Business & Finance, Project & Tenders

    BW Offshore has signed a sale and purchase agreement with Yinson to take 100% ownership of the FPSO Petroleo Nautipa, owned through Tinworth Pte. Ltd. Tinworth, and correspondingly the FPSO, has been 50/50 owned between BW Offshore and Yinson Holdings Berhad through their respectively wholly owned Norwegian subsidiaries. The price for the 50% stake acquired from Yinson is […]

  • 26 February 2020
    Business & Finance

    Keppel Shipyard has delivered FPSO Abigail-Joseph to Yinson Nepeta Production Ltd.

  • 24 July 2014
    Business & Finance

    BW Offshore has signed a sale and purchase agreement with Yinson to take 100% ownership of the FPSO Petroleo Nautipa, owned through Tinworth Pte. Ltd. Tinworth, and correspondingly the FPSO, has been 50/50 owned between BW Offshore and Yinson Holdings Berhad through their respectively wholly owned Norwegian subsidiaries. The price for the 50% stake acquired […]

  • 9 July 2014
    Business & Finance

    BW Offshore has initiated a process for reaching a mutual agreement for either of the two owners to take over the eventual 100% ownership of Tinworth Pte. Ltd., and correspondingly, the FPSO Petroleo Nautipa. Tinworth Pte. Ltd. and the FPSO is currently 50/50 owned between BW Offshore and Yinson Holdings Berhad through their respectively wholly […]

  • 8 October 2014

    BW Offshore has completed the acquisition of the FPSO Petroleo Nautipa. The floating, production, storage, offloading vessel was, prior to the completion of the transaction,  jointly owned by Norway’s BW Offshore and Malaysia’s Yinson Holdings through Tinworth, a joint venture company. The price for the 50% stake acquired from Yinson was $49.3 million, plus approximately $10 million consideration for the […]

  • 23 January 2017
    Infrastructure

    Malaysia’s Yinson Holdings has entered into exclusive negotiations with Talisman Vietnam for the supply of an FPSO vessel for the Ca Rong Do Field offshore Vietnam. The field is located in Block 07/03 in the Eastern Sea offshore Vietnam. Yinson said that the final contract award was subject to successful negotiation and finalization of the […]

  • 20 October 2014
    Business & Finance, Project & Tenders

    Yinson Holdings has announced that Addax Petroleum Development (Nigeria) Limited has extended its contract for the charter of FPSO Knock Adoon with Adoon Pte Ltd by one year with effect from 17 October 2014. The extension contract is valued at approximately USD39.0 million (equivalent to approximately RM127.49 million) in total. The original contract for the FPSO was […]

  • 21 October 2015
    Business & Finance

    Malaysia’s Yinson Holdings Berhad has extended the charter of the Floating Production Storage and Offloading vessel FPSO Adoon for another three years under unchanged terms. Addax Petroleum Development (Nigeria) Limited has further extended the charter of FPSO Adoon until October 16, 2018. This is the second extension of the contract, and is valued at approximately USD 129 million. […]

  • 21 October 2015
    Business & Finance

    Malaysia’s Yinson Holdings Berhad has extended the charter of the Floating Production Storage and Offloading vessel FPSO Adoon for another three years under unchanged terms. Addax Petroleum Development (Nigeria) Limited has further extended the charter of FPSO Adoon until October 16, 2018. This is the second extension of the contract, and is valued at approximately USD 129 million. […]

  • 11 June 2012
    Business & Finance

    On June 11, 2012 Yinson Holdings Berhad, seated in Malaysia, announced that it had entered into a MYR1.65bn ($516.11m) worth consortium agreement with Petrovietnam Technical Services Corporation (“PTSC”). The agreement relates to execution and performance of the engineering, procurement, construction and installation contract and the bareboat charter contract for the provision and charter of a […]

  • 11 March 2014

    Singapore’s Keppel shipyard on Saturday held a naming ceremony for the Lam Son Floating Production Storage and Offloading (FPSO) vessel. It took 22 months for Keppel to convert the vessel into an FPSO from an old tanker. The FPSO will be deployed in the Thang Long and Dong Do oil fields which are located in the […]

  • 9 July 2014
    Business & Finance

    BW Offshore has initiated a process for reaching a mutual agreement for either of the two owners to take over the eventual 100% ownership of Tinworth Pte. Ltd., and correspondingly, the FPSO Petroleo Nautipa. Tinworth Pte. Ltd. and the FPSO is currently 50/50 owned between BW Offshore and Yinson Holdings Berhad through their respectively wholly owned Norwegian subsidiaries. […]