PetroVietnam terminates charter contract with Yinson


AmInvestment prefers companies with stable and recurring earnings such as Dialog Group and Yinson

PETALING JAYA: Oil and gas services provider Yinson Holdings Bhd received a termination letter for the provision of a bareboat charter contract for an oilfield in Vietnam.

In an announcement yesterday, the company said that it was informed by the operating company of the Lam Son oilfield that they were terminating the services as the operator of the oilfield itself – Lam Son Joint Operating Company (LSJOC) – was going to be liquidated.

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Business , yinson , PetroVietnam , Lim , Chern , Yuan , charter , contract , stocks , shares , oil , gas ,

   

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