The $170m offer expired on 2 September with 102.79m sharespledged.

Yinson already had the backing of the Norwegian FPSO owner’s majorityshareholder, First Olsen Ltd, which controls a stake of 61.5%.

The offer price was NOK9.40 ($1.60) per share.

FOP owns a fleet of three floating production storage and offloading unitsand a jack-up drilling rig.