Addax and Yinson go short on Nigerian FPSO

摘要

Addax and Yinson have agreed a US $3.18m one month extension for an FPSO off Nigeria as they try to finalise a long-term deal. The Knock Adoon has been on Addax's Antan field since 2006. The firm contract and options originally ended last October. The companies extended under existing terms until mid-April as they negotiated "a further substantive extension of the tenure of the contract". This was extended until 15 May and this has now been extended until mid-June.