Yinson Production completes sale of minority stake in FPSO Anna Nery to “K” Line
Yinson Production has successfully completed the sale of an 11.8% stake in Yinson Boronia Consortium Pte. Ltd., which fully owns (indirectly) FPSO Anna Nery, to Kawasaki Kisen Kaisha, Ltd. (“K” Line) through a private sale transaction (the “Sale”). The Sale, first announced in July 2020, was closed on 22 October 2024 for a total cash consideration of USD 49 million. The […]
Yinson Production’s FPSO Maria QuitĂ©ria achieves first oil
Yinson Production is pleased to announce that FPSO Maria QuitĂ©ria has achieved first oil on 15 October 2024, followed by a successful 72-hour test. This marks the commencement of the project’s firm charter, with contracted day rates being paid to Yinson Production for a period of 22.5 years, until 2047. The project has also achieved […]
Yinson Production partners with Petroleum Commission Ghana for the development of the Bespoke Train-the-trainer Pipefitting course in Singapore
Yinson Production recently sponsored 10 participants from Ghana for a Bespoke Train-the-Trainer Pipefitting course at Ngee Ann Polytechnic in Singapore, in partnership with Petroleum Commission, Ghana. This initiative is a collaborative effort to promote continuous learning and community development, emphasising Yinson Production’s commitment to empowering local communities and fostering international cooperation. Throughout the 6-month programme, Yinson […]