Asia

Yinson wins Sinopec FPSO charter extension

Kuala Lumpur: A subsidiary of Yinson Holdings has won a year’s extension of a charter of an FPSO to a company belonging to China’s Sinopec. The contract extension for the FPSO Knock Adoon which is working off Nigeria is worth $39m.
The original contract for the FPSO was awarded on 17 October 2006, for a firm eight year period with option to renew up to eight years.  [20/10/14]

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