Anna Nery project, a floating, production, storage and offloading( FPSO) vessel for the Marlim

KUALA LUMPUR: Yinson Holdings Bhd, an independent floating, production, storage and offloading( FPSO) leasing company, reported a third straight quarterly earnings growth, boosted by higher contribution from its engineering business. Net profit in the second quarter ended July 31 climbed 26% to RM126mil from RM100mil made a year ago. Revenue was up to RM1. 05bil compared with RM995mil previously.... The company has proposed an interim dividend payout of 4 sen a share." The management is cautiou

KUALA LUMPUR: Yinson Holdings Bhd’s Singapore-based subsidiary Yinson Production Offshore Pte Ltd and its project partner Sumitomo Corp have secured a US$ 670mil( RM2. 84bil) syndicated loan facility for the floating, production, storage and offloading( FPSO) project, FPSO Anna Nery. Yinson and Sumitomo Corp inked the facility agreement with ING, Natixis and Standard Chartered Bank as underwriting banks yesterday. The agreement was also signed by AmBank, United Overseas Bank Ltd, Mizuho Bank Ltd

The contract period is for 22.5 years from the date of the final acceptance, ” it said. The LOIs were issued to Yinson Production Pte Ltd, an indirect unit of Yinson.... Following the LOIs, Yinson Bergenia Production B.V, will enter into a charter contract for the provision of the FPSO. Meanwhile, Yinson Bergenia Servi？... The contract period is for 22.5 years from the date of the final acceptance. IPB FPSO will be Yinson’s second vessel to operate in Brazil waters, with the first being FPSO A

KUALA LUMPUR: Analysts are positive about Yinson Holdings Bhd, which has been awarded two letters of intent( LoIs) by Petroleo Brasileiro S.A.( Petrobras) for a floating, production, storage and offloading( FPSO) vessel in the North Campos Basin, offshore Brazil. Yinson said the LoIs were for the charter, operations and maintenance of Integrado Parque das Baleias( PDB) FPSO.“ The estimated aggregate value of the contracts is equivalent to US$ 5. 2bil( RM21. 7bil).... The contract period is for