Addax extends contract for Adoon FPSO

Malaysian floater specialist Yinson Holdings has received a short contract extension for its Adoon floating production, storage and offloading vessel.

Yinson is in talks with Sinopec subsidiary Addax Petroleum over a “Substantive extension” for the FPSO which is stationed at the Antan field off Nigeria.

With those negotiations still ongoing, Yinson revealed Thursday Addax had extended the current contract via an addendum, extending the contract on an interim basis from 17 May until 16 June.

 

Source: Upstream

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