Yinson Stretches FPSO Charter
Post date: 21.10.2015 , Views: 232
zoom Malaysias Yinson Holdings Berhad has extended the charter of the Floating Production Storage and Offloading vessel FPSO Adoon for another three years under unchanged terms. Addax Petroleum Development (Nigeria) Limited has further extended the charter of FPSO Adoon until October 16, 2018. This is the second extension of the contract, and is valued at approximately USD 129 million. Adoon, previously known as Knock Adoon, was built in 1985 at Mitsubishi Heavy Industries Japan, and was converted from a trading tanker to an FPSO at Dubai Drydocks. FPSO Adoon replaced FPSO Knock Taggart on the Antan Field, offshore Nigeria, in October 2006.