Malaysia FPSO prize awarded

摘要

MALAYSIA'S Yinson Production has signed a contract with Azule Energy to supply the floating, production, storage and offloading vessel for the Agogo Integrated West Hub development project offshore Angola - a deal worth up to an estimated $5.3 billion. Yinson will provide, operate and maintain the Agogo FPSO for a firm period of 15 years from the date of the final acceptance, with the option to extend for a further five years. The floater is expected to begin operations in the fourth quarter of 2025.