Yinson taps UAE player for FPSO upgrade work

The UAE-headquartered marine and offshore services provider Drydocks World Dubai, a part of DP World, has inked a deal with Malaysia’s FPSO operator Yinson to upgrade a floating, production, storage, and offloading (FPSO) vessel, which will operate for Enauta offshore Brazil. Drydocks World revealed on Tuesday that it has signed a contract with Yinson to upgrade, refurbish, and convert an FPSO... Continue Reading →

Exclusive: After revamping Venezuela’s smallest oil refinery, Iran to fix the largest

(Reuters) - Iranian state firms have started preparations to revamp Venezuela's largest oil refinery, the 955,000-barrel-per-day Paraguana Refining Center, four people close to the talks said, following a contract to repair its smallest facility. A deal would deepen an energy relationship that has become a lifeline for Venezuela's dilapidated oil industry amid a crisis caused... Continue Reading →

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