KUALA LUMPUR: Yinson
Production's joint venture (JV) with PeroVietnam Technical Services Corp (PTSC) has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project in Vietnam.
In a statement, Yinson said the JV, PTSC Asia Pacific, struck the deal with a total value of about US$416mil with Murphy Cuu Long Bac Oil Co Ltd, a wholly owned subsidiary of Murphy Oil Corporation.
