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FPSO contact extension for Vietnam joint venture

5 July 2021 0:17 GMT Updated  5 July 2021 0:17 GMT Malaysia s Yinson Holdings said its Vietnamese joint venture has signed a one-year FPSO contract extension to keep its floater PTSC Lam Son working offshore Vietnam. Yinson is providing the FPSO in joint venture with PetroVietnam Technical Services Corporation to the operator PetroVietnam Exploration & Production. Yinson said its joint venture partner PTSC has entered into an addendum to the FPSO s bareboat charter contract to extend the tenure of the charter for 365 days from 1 July 2021 to 30 June 2022, in what it referred to as the first addendum”.

FPSO contract extension for Vietnam joint venture

5 July 2021 0:17 GMT Updated  5 July 2021 5:35 GMT Malaysia s Yinson Holdings said its Vietnamese joint venture has signed a one-year FPSO contract extension to keep its floater PTSC Lam Son working offshore Vietnam. Yinson is providing the FPSO in joint venture with PetroVietnam Technical Services Corporation to the operator PetroVietnam Exploration & Production. Yinson said its joint venture partner PTSC has entered into an addendum to the FPSO s bareboat charter contract to extend the tenure of the charter for 365 days from 1 July 2021 to 30 June 2022, in what it referred to as the first addendum”.

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