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 Norway Volunteers for the Oslofjord Clean-Up Programme to Support Environmental Conservation
Yinson Production Norway recently participated in the Oslofjord Clean-Up Programme, a two-day environmental initiative held on 26-27 September. In collaboration with Oslofjordens FriluftsrĂĄd’s and Oslo Kayak Tours, our team who volunteered embarked on a kayaking and beach clean-up mission along the Oslo Fjord. Henning Røed, Oslofjordens FriluftsrĂĄd’s Project Coordinator, delivered a thought-provoking presentation on environmental […]
Yinson Production receives Oil & Gas Financing of the Year award from Latin Finance.
We are excited to announce that Yinson Production has been awarded the Oil & Gas Financing of the Year by LatinFinance. This prestigious recognition highlights the successful issuance of our USD 1.035 billion project bond, which refinanced the FPSO Anna Nery earlier this year. Our CEO, Flemming Grønnegaard, and CFO, Markus Wenker, proudly accepted the […]
Yinson Production at Africa Oil Week Energy 2024: Investing in African Energy
We are pleased to have had a strong presence at the recent Africa Oil Week in Cape Town, where key industry leaders gathered to discuss the future of energy in the continent. This event gave us the opportunity to meet industry colleagues and share insights on the innovations that will shape the energy sector in […]
Yinson Production Angola supports education and sustainability initiatives in Soyo
On September 11, Yinson Production Angola donated over 250 desks and chairs to Primary School 116 in Soyo, Angola. The furniture was locally produced by Afonso Chatchilingui’s workshop, which trains young Angolans in welding, carpentry, and painting, helping them build valuable skills. The donation was made in the presence of the school director Jacinta Jose […]
Yinson Production Ghana hosts 2nd annual STEM clinic for 500 girls, inspiring future scientists
Yinson Production Ghana, in collaboration with the Youth Bridge Foundation, hosted its second annual STEM clinic for 500 girls aged 12-16 from Ahanta West Municipality. Selected by their teachers for their interest in STEM, the students received hands-on exposure to scientific equipment, an exciting first for many. Stephanie Nyarko, 15, from Agona Nkwanta Girls Model […]
Yinson Production Ghana Participates in the Local Content Conference 2024 Attracting Exploration and Production Investments to Boost Local Content – New Pathways
The Local Content Conference 2024, themed “Attracting Exploration and Production Investments to Boost Local Content – New Pathways,” brought together over 1,000 participants from across Africa. Yinson Production Ghana played an active role, contributing to key discussions on advancing local content. Energy Minister Herbert Krapa highlighted the government’s push to enhance the capacity of indigenous […]
FPSO Helang and Miri Operations Win Best Contractor Award at HSE Forum 2024
We are proud to announce that our FPSO Helang and Miri Operations teams have been awarded the Best Contractor Award at the 2024 Health, Safety, and Environment (HSE) Forum, hosted by JX Nippon. This prestigious award recognizes our team’s exceptional commitment to HSE standards and marks a significant achievement in operational excellence. The award highlights […]
Moody’s raises Yinson Production’s outlook to positive, affirms Ba1 rating
Moody’s Ratings (“Moody’s”) has revised the outlook on Yinson Boronia Production B.V.’s rating from stable to positive, while reaffirming its credit rating of “Ba1”. Yinson Boronia Production B.V. owns and operates  FPSO Anna Nery for PetrĂłleo Brasileiro S.A. (“Petrobras”) in the Marlim field offshore Brazil. This change in outlook reflects Moody’s confidence in the financial […]