FPSO Anna Nery enters next construction phase
Yinson is pleased to announce that FPSO Anna Nery has entered her next phase of construction, marked by the sailing away from the Cosco Qidong shipyard in Jiangsu, China to Cosco Changxing shipyard in Shanghai on 23 September 2020 for her first dry docking. FPSO Anna Nery is Yinson’s first Brazil asset and largest project […]
Yinson-Sumitomo secures USD400m bridge financing for FPSO Anna Nery
Yinson together with its project partner, Sumitomo Corporation (“Sumitomo”), have entered into a USD400 million bridge loan financing agreement for the FPSO Anna Nery Project, a floating, production, storage and offloading (FPSO) vessel for the Marlim revitalization project in Brazil. The bridge loan is expected to be utilised from October 2020 to support the ongoing […]
FPSO Anna Nery project achieves 1 million man-hours without LTI
Yinson is pleased to announce that the conversion of FPSO Anna Nery has achieved 1,000,000 man-hours without Lost Time Injury (LTI). This milestone was celebrated in a simple ceremony on 10 September 2020 at the Cosco Qidong shipyard, where the conversion is taking place. Numerous safety awards and commemorative gifts were presented in recognition of […]
Yinson further strengthens partnership for Brazil FPSO Anna Nery project with “K” Line participation
Yinson via its wholly owned subsidiary, Yinson Acacia Ltd has entered into an agreement with Kawasaki Kisen Kaisha, Ltd. (“”K” Line”) to own around a 10% stake in a joint participation for the charter, operations and maintenance of FPSO Anna Nery, a floating, production, storage and offloading (FPSO) vessel for the Marlim revitalisation project in […]
FPSO John Agyekum Kufuor celebrates three-year first oil anniversary!
Three years have passed since FPSO John Agyekum Kufuor (“FPSO JAK”) got its first droplets of oil into her tanks! On 20 May 2017, Yinson celebrated the momentous achievement of first oil for FPSO JAK. This was achieved well ahead of schedule, and made possible through strong teamwork and with the invaluable support from our […]
Yinson’s Ghana office donates surgical face masks to Ghana’s National Commission for Civic Education
Yinson Production West Africa Limited (“YPWAL”) has recently donated 6,000 pieces of surgical face mask to Ghana’s National Commission for Civic Education after receiving a total of 10,000 units as part of Yinson’s CSR initiative in the battle against Covid-19. The items were handed over by Edward Mensah and Pearl Hasford at the Commission, with […]
Yinson’s Ghana office engineers crowned victors in Ventilator Challenge
A team of three young engineers from Yinson’s Ghana office recently won the Field Ready Ventilator Challenge, an initiative organised as part of Field Ready’s employability programme for engineering students in Ghana, Mozambique and Nigeria. They joined 53 other competing engineers to design a simple, practical, low-cost and scalable ventilator as a positive response to […]
Yinson and Sumitomo firm up partnership for Brazil FPSO Anna Nery project
Yinson and Sumitomo Corporation (“Sumitomo”) have concluded an agreement for their participation into the charter, operations and maintenance of FPSO Anna Nery for the Marlim revitalisation project in Brazil. Under the agreement, Sumitomo will have a 25% stake in the FPSO Anna Nery project, which was awarded to Yinson by Petróleo Brasileiro S.A. (“Petrobras”) in […]
Yinson completes USD800m refinancing deal for FPSO John Agyekum Kufour
Yinson has completed a USD800 million refinancing exercise for FPSO John Agyekum Kufuor (JAK), with the loan successfully drawn down on 14 April. The project kicked off five months ago in November 2019 when 13 local and international banks, 7 of which are new to Yinson, signed the refinancing agreement. The tenure of the loan […]
Yinson signs firm contracts for Brazil FPSO Marlim project
Yinson is pleased to announce that the Company has signed contracts with Petrobras for the charter, operations and maintenance of FPSO Marlim 2, a floating, production, storage and offloading (FPSO) vessel for the Marlim revitalization project in the north-eastern part of Campos Basin, Brazil. Two Letters of Intent (LOI) for the project were entered into […]