Yinson Holdings Bhd, a Malaysian firm making vessels for offshore oil and gas production, expects to deliver close to US$1bil in core earnings as soon as 2025 amid strong demand, its top executive says.
Yinson Holdings Bhd has inked a firm contract with Eni Angola SpA, a wholly owned subsidiary of Azule Energy, to supply a floating, production, storage and offloading asset for the Agogo Integrated West Hub Development Project in Angola (FPSO Agogo).
Yinson Holdings Bhd has inked an agreement for preliminary activities with Azule Energy, through its wholly owned subsidiary Eni Angola SpA, to commence all preliminary activities for the provision, operation and maintenance of a floating, production, storage and offloading asset for the Agogo Integrated West Hub Development Project in Angola.