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KUALA LUMPUR: Yinson Holdings Bhd is optimistic about its core businesses, believing its investment in sustainability will provide a strong foundation amid uncertainties.
The early delivery of floating production, storage and offloading (FPSO) vessel Agogo could provide a boost to Yinson Holdings Bhd's earnings and share price should production start four months ahead of schedule in the deep water field offshore Angola where it's destined.
Yinson Holdings Bhd is expected to be a key beneficiary of the floating production, storage and offloading (FPSO) vessel macro upcycle, driven by rising deepwater and ultra-deepwater oil production, with industry projections pointing to 64 FPSO awards between 2025 and 2030.
PETALING JAYA: Analysts are positive on the prospects of Bumi Armada Bhd, bolstered by its expected growth through new floating production storage and offloading (FPSO) contracts, and a stronger balance sheet.
PETALING JAYA: Analysts continue to have a favourable view of MISC Bhd, given its steady operating cash flow and solid balance sheet that allows it to pursue new growth opportunities such as the floating production storage and offloading (FPSO) vessel market.
Yinson Holdings Bhd’s offshore business arm, Yinson Production, has announced that its Atlanta floating production, storage and offloading (FPSO) vessel achieved first oil on Dec 31, 2024, marking the commencement of its firm charter.
KUALA LUMPUR: Yinson Production said its Atlanta floating production storage and offloading (FPSO) vessel achieved first oil on Dec 31, 2024, marking the commencement of its firm charter.
PETALING JAYA: The worst is likely over for Yinson Holdings Bhd, with more floating production storage and offloading (FPSO) vessels progressing to the operational phase.
KUALA LUMPUR: Yinson Production has announced that its Maria Quiteria floating production storage and offloading (FPSO) vessel achieved first oil on Oct 15, 2024, followed by a successful 72-hour test, marking the commencement of its firm charter.
PETALING JAYA: Yinson Production, a unit of Yinson Holdings Bhd announces its Maria Quiteria floating production storage and offloading (FPSO) vessel achieved first oil on Oct 15, 2024, followed by a successful 72-hour test, marking the commencement of its firm charter.
PETALING JAYA: CIMB Research is maintaining a bullish outlook on Bumi Armada Bhd, reporting that the group’s core net profit for the first half of the year (1H24) had more than doubled to RM505.5mil.
KUALA LUMPUR: Yinson Holdings Bhd’s unit, Yinson Production has finalised a limited recourse term loan facility, securing up to US$1.3bil.
While Yinson Holdings Bhd anticipates several new floating production storage and offloading (FPSO) projects for its financial year ending Jan 31, 2025 (FY25), concerns linger over its complicated balance sheet statements.
SINGAPORE: Yinson Production’s floating, production, storage, and offloading (FPSO) vessel Atlanta recently set sail from a shipyard in Dubai, United Arab Emirates, to Brazil, marking the successful completion of the project execution phase.
Yinson Production’s floating, production, storage and offloading (FPSO) vessel Atlanta recently set sail from a shipyard in Dubai, United Arab Emirates, to Brazil, marking the successful completion of the project execution phase.
The anticipated robust global demand for floating production storage and offloading (FPSO) contracts in 2024 is expected to bode well for Yinson Holdings Bhd, offering potential for better returns and favourable contractual terms amid tight supply.
KUALA LUMPUR: In its latest effort to streamline its business activities, MISC Bhd has announced the acquisition of SBM Holdings Inc SA's 49% interest in FPSO Kikeh, as well as the divestment of its 49% stake in FPSO Espirito Santo.
The commencement of oil production for Bumi Armada Bhd’s floating production storage and offloading (FPSO) vessel, the Armada Sterling V, will bode well for the company’s financial earnings in 2024.
SINGAPORE: Supertanker Ceres I has entered the area of Malaysia's Bertam floating oil terminal on Monday (July 22) morning after it was intercepted by local authorities on Sunday, shipping data from LSEG and Kpler showed.
PETALING JAYA: UOB Kay Hian Research (UOBKH Research) says more clarity is needed on the first oil production of floating production, storage and offloading (FPSO) vessel Armada Sterling V (ASV5) for the KG-DWN 98/2 field in the Bay of Bengal.
