Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Yinson wins $600 million Vietnam contract

Fossil Energy – FSO

Yinson Production – controlled by Malaysian tycoon Lim Han Weng’s Kuala Lumpur-listed Yinson Holdings – won a $600 million contract to supply a new floating storage and offloading (FSO) vessel to its joint venture company in Vietnam.

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Yinson Production completes acquisition of Stella Maris CCS

General – Acquisition

Singapore-headquartered FPSO specialist Yinson Production has completed the acquisition of 100% shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.

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Contracts for FPSO Agogo project offshore Angola

Fossil Energy – Angola

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.

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Yinson invests in Norwegian autonomous vessel start-up

General – Investment

Yinson GreenTech (YTG), a green tech investment branch of the Malaysian FPSO giant Yinson, has announced its strategic investment in a Norwegian startup specializing in autonomous solutions for the maritime industry called Zeabuz.

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