Yinson's proposed contract to operate Ghana vessel terminated

KUALA LUMPUR: Yinson Holdings Bhd's proposed contract to operate a vessel at the Deepwater Tano Cape Three Points contract area, offshore of Ghana, has been cancelled due to the Covid-19 pandemic.

In a statement, the group said its subsidiaries received a notice from Aker Energy Ghana Ltd of its decision to terminate the letter of intent for the proposed award of contracts to operate a floating production, storage and offloading vessel at the site.