Maybank IB Research described Yinson as one of the profitable FPSO operators globally in terms of return on equity.
PETALING JAYA: Yinson Holdings Bhd
has been selected by France-based oil major company Total to perform front-end engineering design (pre-Feed) for two floating production storage and offloading (FPSO) projects in Angola and Suriname.
In a statement yesterday, Yinson said the pre-Feed award is the group’s first project with Total and it is partnering with Technip Energies, which will perform the topside design for the project.
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