Yinson Production Holds Naming Ceremony for FPSO Maria Quitéria
Yinson Production held the naming ceremony for FPSO Maria QuitĂ©ria at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on 3 April 2024 FPSO Maria QuitĂ©ria project was awarded to Yinson Production in November 2021 The FPSO will be deployed in the Jubarte field as part of the Parque das Baleias Integrated Project offshore Brazil […]
FPSO Helang Milestones and Excellent HSE Track Record
FPSO Helang is Yinson Production’s first vessel to operate in a Malaysian field and has been positively contributing to the countryâs energy mix. The asset achieved first oil on 6 December 2019 and has a production capacity of producing 12,000 barrels of oil per day. Now entering its fifth year of operation, FPSO Helang has […]
Yinson Production Brazil Opens New Office in Rio
Yinson Productionâs Brazil office has moved into a new space in Rio, which was inaugurated on 20 December 2023. The move caters for the teamâs rapid growth, providing a conducive space for Yinson Production to continue delivering high quality services in the region. The newly established office, which has views overlooking Botafogo Bay and Sugar […]
Yinson Production holds naming ceremony for FPSO Atlanta
Yinson Production held naming ceremony for FPSO Atlanta at Dubai Drydocks World in Dubai on 13 December 2023 FPSO Atlanta is a redevelopment project awarded to Yinson Production in February 2022 and is expected to achieve first oil in 2024 The FPSO will operate in the Atlanta field in the Santos Basin offshore Brazil for […]
Yinson Production successfully closes corporate loan facility of up to USD 500 million
Yinson Production secures 5-year corporate loan facility of up to USD 500 million, including accordion Following the Yinson Group Strategy Review in 2022, Yinson Production has independently closed a bank facility for the first time, marking a new milestone Strong support by banks underpins confidence in Yinson Productionâs business model and strategy  Yinson Production […]
Yinson Production invests in Ionada PLC to advance the carbon capture technology
Yinson Production has made a strategic investment in Ionada PLC (“Ionada”), recognising Ionada’s innovative carbon capture technology and its potential value in emissions reduction. The investment demonstrates Yinson Productionâs commitment to reducing greenhouse gas emissions from our offshore operations. Ionada’s technology has enormous potential to support the offshore oil and gas industry’s transition to low-carbon operations. […]
Yinson Production Invests in Leading Direct Air Capture Project Developer Carbon Removal AS
Yinson Production (âYPâ) has invested in Carbon Removal AS (âCRâ), a Norway-based company that is a front runner in the development of Direct Air Capture (âDACâ) projects. The investment signals YPâs serious commitment to developing decarbonisation solutions for the offshore production industry and expands YPâs expertise and knowledge in this area, facilitating new business opportunities […]
Yinson Production to Pioneer New Offshore Carbon Capture and Storage Technology on FPSO Agogo
Yinson Production (âYPâ), together with client Azule Energy (âAzuleâ), is piloting an offshore Carbon Capture and Storage (âCCSâ) plant on FPSO Agogo in Angola. This is a significant milestone towards the realisation of YPâs Zero Emissions FPSO Concept that aims to reduce carbon footprint and pave the way for the decarbonisation of the offshore production […]
Yinson Production Secures USD230 Million Financing in Relation to FPSO Maria Quitéria
Yinson Production has secured a USD230 million term loan facility in relation to FPSO Maria QuitĂ©ria. The loan facility was structured and arranged by Global Infrastructure Partners (âGIPâ), a leading independent infrastructure fund manager with approximately USD100 billion in assets under management. This loan facility marks the first transaction between Yinson Production and GIP and […]
Yinson Production obtains Charter Contract Extension for FPSO PTSC Lam Son
Yinson Production (âYPâ), through its joint venture company with PetroVietnam Technical Services Corporation (“PTSC”), PTSC Asia Pacific Pte Ltd (“PTSC AP”), has received a 12-month extension for the Bareboat Charter Contract for FPSO PTSC Lam Son, with further automatic extension of 6 months (âContractâ). The addendum entered into by PTSC and PTSC AP on 29 […]