Talisman Vietnam selects Yinson FPSO for Ca Rong Do field

Malaysia’s Yinson has secured an FPSO contract with Talisman Vietnam. The FPSO will be deployed at Talisman Vietnam’s Ca Rong Do field.

The contract is for 10 years with five extension options. According to Yinson, the total value of the bareboat charter is approximately $1.0 billion, options included.

Talisman is a subsidiary of the Spanish oil company Repsol, and it is the operator of the Ca Rong Do Field.

The other partners in the field are PetroVietnam, Mubadala Petroleum, and Pan Pacific Petroleum.

Yinson said one of the requirements for the signing of the contract was a novation agreement with Talisman and PetroVietnam Technical Services Corporation (PTSC) for the novation of all rights and liabilities under the contract to PTSC.

According to Yinson, the deal is expected to contribute positively to the results of the Yinson Group starting from the financial year ended January 31, 2020.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply