Yinson inks $5.4bn FPSO charter contract with Petrobras

Malaysia’s Yinson has signed letters of intent with Brazil’s Petrobras for the provision of a FPSO under a 25-year charter worth $5.4bn.

The FPSO, Marlim 2 FPSO, will work in the Marlim Field located offshore Brazil in the northeastern part of the Campos Basin.

Marlim 2 FPSO is expected to commence operation by the first quarter of 2023.

Yinson will also provide operation and maintenance services during the charter phase of the FPSO.

Read more: Yinson to take controlling stake in Ezion

Posted 16 October 2019

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Asia Correspondent Lee Hong Liang has joined Seatrade as its Asia Correspondent. Based in Singapore, he will provide a significant boost to daily coverage of the Asian shipping markets, as well as bring with him an indepth, specialist knowledge of the bunkering markets. Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and the ability to write hard news and feature stories.

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