
Sunday, November 1, 2015
According to a statement from Yinson Holdings Berhad, Addax Petroleum Development (Nigeria) extended its contract with Adoon Pte Ltd. for the charter of FPSO Adoon. The extension is for another three years, taking the FPSO Adoon’s stay on Nigeria’s Antan field to October 2018.
The contract extension is valued at approximately $129 million.
“FPSO Adoon has been operating on the Antan field in Nigeria throughout the contract period,” a company statement said.