Yinson to Take Over Layang FPSO from THHE


Interesting…

Dateline 2017-11-30, MarineLink:

THEE (sic), which has the Layang FPSO contract with Japan’s JX Nippon. has applied to Kuala Lumpur High Court, Malaysia to allow it novate the contract and deliver the vessel to Yinson.
Yinson has confirmed this in the Bursa Malaysia filing on Wednesday, saying it has no objection to the THHE application.
The charter contract — which is for EPCIC and leasing of a floating production storage and offloading facility to be deployed at the Layang field in Block SK10, offshore Miri, Sarawak — was initially made between JX Nippon Oil & Gas Exploration (Malaysia) Ltd and THHE.

 

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