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KUALA LUMPUR: Yinson Holdings Bhd, an independent FPSO leasing company, said net profit in the second quarter ended July 31 climbed 26% to RM126mil from RM100mil made a year ago.
KUALA LUMPUR: Yinson Holdings Bhd’s exclusive negotiation with Enauta Energia SA for the potential supply and charter of a floating production storage and offloading (FPSO) unit comes as a good substitute following the cancellation of Petrobras’ bids for the Parque das Baleias (PDB) integrated project.
A chance for investors to buy for future FPSO job
KUALA LUMPUR: RHB Research has lowered its target price on Yinson Holdings Bhd following the negative surprise of Petrobras' cancellation of bids for the Parque das Baleias (PDB) integrated project.
KUALA LUMPUR: Yinson Holdings Bhd’s unit and its project partner Sumitomo Corporation have inked a US$670m (RM2.84bil) syndicated loan facility for the floating, production, storage and offloading (FPSO) Anna Nery project offshore Brazil.
BRASILIA: Brazil’s state-controlled oil company saw its earnings surge in the second quarter, thanks to a rally in crude prices and a hydropower crunch in Brazil that boosted electricity demand.
BRASILIA (Reuters) - Brazilian President Jair Bolsonaro said on Friday evening that state-controlled company Petroleo Brasileiro SA, known as Petrobras, has 3 billion reais ($575.5 million) to fund free LPG bottles to low-income people that cannot afford them.
BRASILIA (Reuters) -Brazil's President Jair Bolsonaro said on Wednesday he may not accept the result of a presidential election next year unless the voting system, which uses computers to record votes, is replaced with printed ballots that he favors.