Yinson Production completes acquisition of Stella Maris CCS, expanding its carbon capture and storage ecosystem
Yinson Production has successfully completed the acquisition of 100% of the shares in Stella Maris CCS AS (“Stella Maris”) from Altera Infrastructure. Stella Maris is a Norway-based carbon capture and storage (“CCS”) company developing a full CCS value chain, including carbon capture, intermediate storage, offshore transportation, and permanent sequestration of CO2 captured from industrial sources. […]
Yinson Production secures USD 1 billion investment from consortium of international investment firms to drive further growthÂ
Yinson Production, through the newly established, UK-based holding company Yinson Production Offshore Holdings Limited (the “Issuer”), has entered into a definitive agreement with a consortium comprising Platinum Lily B 2024 RSC Limited (“Platinum”), a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”)”, and funds managed by British Columbia Investment Management Corporation (“BCI”), and […]
Yinson Production’s FPSO Atlanta achieves first oil
Yinson Production is pleased to announce that FPSO Atlanta achieved first oil on 31 December 2024. A 72-hour test has been successfully completed and Final Acceptance has been obtained from Brava Energia SA. This marks the commencement of the project’s firm charter, with contracted day rates being paid to Yinson Production for a period of […]
Yinson Production secures contract extension of at least 18 months for FPSO PTSC Lam Son
Singapore, 30 December 2024 – Yinson Production is pleased to announce the extension of the charter contract for FPSO PTSC Lam Son. In continuation of the existing bareboat charter, the contract has been extended for a firm period of 18 months starting from 1 January 2025 to 30 June 2026, with an automatic extension for […]
Yinson Production contributes to Kampuchea Balopp’s mission, driving social impact through sports inclusion
As part of the FPSO Maria QuitĂ©ria’s first oil celebration, Yinson Production proudly donated USD 5,000 to Kampuchea Balopp, a nonprofit organization dedicated to providing access to sports for disadvantaged and disabled children in Cambodia. Kampuchea Balopp’s mission is to use sport as a tool for social inclusion and education, allowing children to develop essential […]
Yinson Production Ghana holds maiden STEM workshop for teachers in Ahanta West
Yinson Production Ghana recently hosted a four-day STEM workshop for 100 Junior High School science teachers from 84 schools in the Ahanta West Municipality. Conducted in partnership with the Ghana Education Service (GES) and Youth Bridge Foundation, the workshop aimed to enhance teaching methods and inspire future STEM leaders. The program introduced modern teaching approaches […]
Yinson Production Angola donates school kits to Escola No 98 primary school kids
Our Yinson Production team in Angola recently donated 990 school kits to Escola N98/Nona (School No. 98), a primary school in the city of Soyo. Each kit included a backpack, pencil case, pens, and notebooks, providing students with the essentials to start their school year with confidence. “This initiative reflects our commitment to uplifting underserved […]
Yinson Production commits to education with 40 new scholarship recipients
As part of its commitment to giving back to the community, Yinson Production has added 40 new senior high school students to its existing scholarship program. This brings the total number of scholarship recipients to 100, further solidifying the company’s dedication to supporting quality education. The new scholarship recipients were selected from schools across the […]
Yinson Production and PTSC joint venture wins FSO contract with a subsidiary of Murphy Oil Corporation for the Lac Da Vang project in Vietnam
Singapore, 2 December 2024 – PTSC Asia Pacific (“PTSC AP”), a joint venture between Yinson Production (49%) and PetroVietnam Technical Services Corporation (“PTSC”; 51%), has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (“FSO”) vessel for the Lac Da Vang project with Murphy Cuu Long Bac Oil […]
Yinson Production places USD 100 million corporate bond tap issue
Yinson Production is pleased to announce the successful placement of a USD 100 million tap issue on our existing 5-year senior secured corporate bond. This tap issue increases the total bond value to USD 600 million, reinforcing our financial capacity to deliver on key strategic initiatives. The proceeds from this issuance will primarily fund capital […]