Yinson Wins $737M Vietnam Gas Construction Contract

Law360, New York (June 11, 2012, 1:26 PM EDT) -- Malaysian oil and natural gas services company Yinson Holdings Bhd. Group has won a $737.3 million joint venture construction contract to work with an affiliate of PetroVietnam Oil and Gas Group to build an offshore natural gas production facility in Vietnam, Yinson said Monday.

Kuala Lumpur-based Yinson, also known as YHB Group, said it signed an engineering and construction contract and a bareboat charter contract to build a floating production, storage and off-loading facility for PetroVietnam's Lam Son energy project. The deal calls for a 51-49...
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