Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC), the operator of Blocks B 48/95 and 52/97, on behalf of state-run Petrovietnam.
PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corporation (PTSC), has secured a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project offshore Vietnam.
Scandlines has announced its financial results for the year ending December 31, 2024, delivering steady revenue, improved efficiency, and continued investment.In a year characterized by macroeconomic challenges across key markets, Scandlines maintained revenue at EUR 465 million ($516 million) and improved its result before tax to EUR 125 million. Traffic volumes remained robust, with 6.