Yinson, PTSC Win $737.3mln oil contract in Vietnam

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Báo Đầu Tư English - 23 month(s) ago 14 readings

Yinson, PTSC Win $737.3mln oil contract in Vietnam

Oil and gas services provider Yinson Holdings Bhd has bagged a $737.3 million contract in Vietnam, its second big job overseas in less than two years

(image source: PTSC)

Yinson and its Vietnam partner, PetroVietnam Technical Services Corp (PTSC), had won the contract from Lam Son Oil Management, Exploration and Exploitation Joint Stock Company.

Lam Son is a joint venture between Vietnam’s state oil firm PetroVietnam and Malaysia’s Petroliam Nasional Bhd

Yinson and PTSC previously secured a RM1.01 billion deal from PetroVietnam in December 2011.

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