Malaysian And Japanese Companies Want To Enter The Campos Basin And Supply FPSO

Written by Paulo Nogueira

Published on 28/03/2019 at 05:00

Updated on 28/03/2019 at 10:16

Be the first to react!

The Intent of Yinson Holdings Bhd and Sumitomo Corporation Is to Form a Joint Venture to Supply Floater for the Marlin Field and Act on Revitalization Projects

Yinson Holdings Bhd (Malaysia) has signed a Letter of Agreement (LOA) with Sumitomo Corporation (Japan) to participate in a potential joint venture for the supply of a Floating Production, Storage, and Offloading Unit (FPSO) for the Marlin field in Brazil. In a statement released yesterday (27), the company said the LOA confirmed Sumitomo Corporation’s intention to participate in the project with an effective interest of at least 20% in the event of a successful proposal made by Yinson.

According to him, under this collaboration, Yinson is committed to overseeing and leading the overall implementation of the project, while Sumitomo is committed to seeking competitive logistics and financing, as well as enhancing project execution.

ARTICLE CONTINUES BELOW

See also

“The collaboration has been positive so far, and the cordial working relationship is a strong indication of the trust our partners have in Yinson’s ability to execute projects and manage risks.

“We are confident that the collaboration with Sumitomo Corporation at different levels of work will enhance our strength in terms of bidding strategy, financing, and project execution, increasing our competitiveness in future projects worldwide”, said the chairman of the Yinson group, Lim Han Weng. – Bernama

0 Comments

most recent

older Most voted

Malaysian And Japanese Companies Want To Enter The Campos Basin And Supply FPSO

The Intent of Yinson Holdings Bhd and Sumitomo Corporation Is to Form a Joint Venture to Supply Floater for the Marlin Field and Act on Revitalization Projects

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

Pernambuco bought a R$ 64.3 million plane to strengthen air medical services, but the aircraft became the subject of controversy after the medical kit was removed to transport the governor on official agendas, according to a report.

Hairdresser opens a simple salon at her doorstep in Sete Lagoas, cuts the ribbon with her daughter, and draws attention on social media; emotional video goes viral, attracts over 22,000 followers, and turns a humble beginning into an inspiration for thousands of people.

China builds a bridge over a river in just 24 hours using two 650-ton Zoomlion cranes, 9 beams of 125 tons, and a convoy of over 100 km with trailers, counterweights, and heavy trucks in synchronized operation during the early hours.

Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

It looks just like a metallic card, but this titanium gadget hides more than 70 tools for routine, fishing, technology, and emergencies.

Malaysian And Japanese Companies Want To Enter The Campos Basin And Supply FPSO

The Intent of Yinson Holdings Bhd and Sumitomo Corporation Is to Form a Joint Venture to Supply Floater for the Marlin Field and Act on Revitalization Projects

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

Researchers present a hydrogen ion battery capable of storing energy in two different forms, an innovative solution that promises to increase the autonomy of renewable systems and simplify energy transport.

Researchers present a hydrogen ion battery capable of storing energy in two different forms, an innovative solution that promises to increase the autonomy of renewable systems and simplify energy transport.

Researchers present a hydrogen ion battery capable of storing energy in two different forms, an innovative solution that promises to increase the autonomy of renewable systems and simplify energy transport.

Government announces R$ 370 million for those who preserve the forest and an unprecedented initiative places traditional Amazonian communities at the center of conserving a vast area.

A family from Martins, in the interior of RN, planted seeds in their backyard that no one remembered where they came from and harvested a green and yellow fruit resembling the Brazilian flag; the nickname “World Cup pumpkin” caught on before they discovered what had actually grown there.

Pernambuco bought a R$ 64.3 million plane to strengthen air medical services, but the aircraft became the subject of controversy after the medical kit was removed to transport the governor on official agendas, according to a report.

Hairdresser opens a simple salon at her doorstep in Sete Lagoas, cuts the ribbon with her daughter, and draws attention on social media; emotional video goes viral, attracts over 22,000 followers, and turns a humble beginning into an inspiration for thousands of people.

China builds a bridge over a river in just 24 hours using two 650-ton Zoomlion cranes, 9 beams of 125 tons, and a convoy of over 100 km with trailers, counterweights, and heavy trucks in synchronized operation during the early hours.

Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

It looks just like a metallic card, but this titanium gadget hides more than 70 tools for routine, fishing, technology, and emergencies.