Yinson Production today officially opened its Shanghai office, strengthening its presence within one of the world’s leading offshore engineering and fabrication hubs and supporting the company’s projects and operations globally.
The office will support closer collaboration with shipyards, suppliers, fabrication partners and technology providers in China, while enhancing execution capabilities and responsiveness to serve clients in key energy markets.
Yinson Production Chief Executive Officer Flemming Guiducci Grønnegaard said, “The Shanghai office reflects the company’s long-term commitment to strengthening execution capabilities and building deeper partnerships within China’s engineering, fabrication and maritime industries.”
“China has become an increasingly important part of our global project ecosystem over the years. As our projects have grown in scale and complexity, closer collaboration with shipyards, suppliers and engineering partners has become more critical to delivering projects safely, on time, on budget and to the quality standards our clients expect,” he said.
“The offshore energy industry is becoming increasingly complex. Clients today expect safe and reliable execution, lower emissions, greater efficiency, stronger digital integration and faster delivery timelines. Meeting those expectations requires organisations that are global, agile and collaborative, and this office strengthens exactly that for Yinson Production,” Grønnegaard said.
Yinson Production’s engagement with the China shipyard ecosystem dates back more than a decade, including partial work and support linked to FPSO John Agyekum Kufuor from around 2014.
The company’s collaboration with Chinese yards expanded significantly from around 2020 onwards as projects increased in scale and complexity. Over the years, various stages of work across Yinson Production’s FPSO and FSO projects – including fabrication, integration, upgrades, construction and modification support – have involved leading Chinese shipyards and industrial partners.
This includes collaboration with COSCO Shipping Heavy Industry yards in Shanghai and Qidong, Nantong Strongwind Shipyard, CIMC Raffles, Huarun Dadong Dockyard, and Jiangsu Libert INC on multiple projects supporting our fleet across Brazil, West Africa, and Vietnam.
Today, Yinson Production is one of the world’s leading independent FPSO owners and operators, with a diversified portfolio of offshore assets and a contract backlog of approximately USD 19.3 billion extending through 2050.