Yinson wins 10-year RM4.4bil contract from Talisman Vietnam

"Group executive chairman and managing director Lim Han Weng said there were only six credible and reputable providers in the world including the company for the O&G-related services.

PETALING JAYA: Oil and gas services provider Yinson Holdings Bhd has been awarded a RM4.4bil Floating Production Storage and Offloading (FPSO) contract from Talisman Vietnam BV.

The 10-year contract is for the supply, operation and maintenance of a FPSO for Ca Rong Do field developmentoffshore Vietnam, with five yearly extensions options exercisable by Talisman Vietnam.