YP signs firm contract for project AGOGO in Angola
newscatcher
2023-03-01 23:30
YP signs firm contract for project AGOGO in Angola
Yinson Production ('YP') said that it has, through wholly owned subsidiaries, entered into a firm contract with Eni Angola S.p.A., a wholly owned subsidiary of Azule Energy ('Azule'), for the provision, operation and maintenance of a floating, production, storage and offloading asset for the Agogo Integrated West Hub Development Project in Angola ('FPSO Agogo').Azule is Angola's largest independent oil and gas producer, and a 50/50 joint venture between BP p.l.c. ('BP') and Eni S.p.A. ('Eni').The contract has an estimated aggregate value of approximately USD5.

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