Yinson projected to win at least one FPSO job

Big projects: Yinson’s FPSO John Agyekum Kufuor. The company is currently re-tendering three FPSO projects worth billions of ringgit.

PETALING JAYA: Yinson Holdings Bhd is expected to win at least one floating production storage and offloading (FPSO) contract and may look at fundraising to fund any new projects.

According to Kenanga Research, Yinson is currently re-tendering three FPSO projects worth billions of ringgit, namely Limbayong FPSO in offshore Sabah, Pecan FPSO in offshore Ghana and Parque das Baleias off Brazil.